Notable profits for the buyer who lifted the $5.80 offer for 1,689 MicroStrategy (MSTR) Jul-25 420 calls yesterday at 09:42ET when underlying shares were trading at $404.46. Shares closed at $415.41, and the calls at $9.64 for a mark-to-market profit of 66%, or $649K, on the $979K outlay.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MSTR:
- Bitcoin Treasury Holdings Hit Record $91B as Companies Go All In
- Moderately bullish activity in MicroStrategy with shares up 1.0%
- Why Did BTCS Stock Skyrocket Today?
- Mixed options sentiment in MicroStrategy with shares up 0.57%
- Morning News Wrap-Up: Tuesday’s Biggest Stock Market Stories!