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.
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Read More on SONO:
- Here’s Why Sonos Stock (NASDAQ:SONO) Gained 17% Yesterday
- Sonos price target lowered to $17 from $19 at Morgan Stanley
- Sonos price target raised to $12.50 from $12 at BofA
- Sonos sees H1 representing 51%-53% of FY24 revenue
- Sonos sees FY24 revenue $1.6B-$1.7B, consensus $1.71B
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