Notable profits for the buyer who lifted the $1.55 offer for 3,892 Sonos (SONO) Jan-24 12.5 calls yesterday at 10:19ET when underlying shares were trading at $13.43. Shares closed at $13.71, and the calls at $1.76 for a mark-to-market profit of 13%, or $81K, on the $603K 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>>
See the top stocks recommended by analysts >>
Read More on SONO: