tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

MicroStrategy call buyer realizes 29% same-day gains

Notable profits for the buyer who lifted the $3.65 offer for 1,759 MicroStrategy (MSTR) 10/3 weekly 322.5 calls yesterday at 12:08ET when underlying shares were trading at $303.40. Shares closed at $309.06, and the calls at $4.72 for a mark-to-market profit of 29%, or $189K, on the $642K outlay.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1