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MP Materials put buyer realizes 188% same-day gains

Notable profits for the buyer who lifted the $0.61 offer for 2,090 MP Materials (MP) Apr-26 42 puts yesterday at 10:10ET when underlying shares were trading at $50.15. Shares closed at $45.59, and the puts at $1.76 for a mark-to-market profit of 188%, or $239K, on the $127K outlay.

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