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Oracle put buyer realizes 62% same-day gains

Notable profits for the buyer who lifted the $5.00 offer for 1,003 Oracle (ORCL) 10/24 weekly 280 puts yesterday at 10:59ET when underlying shares were trading at $283.54. Shares closed at $277.18, and the puts at $8.08 for a mark-to-market profit of 62%, or $309K, on the $502K outlay.

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