Notable profits for the buyer who lifted the $0.30 offer for 1,653 Spirit AeroSystems (SPR) Nov-23 23 calls yesterday at 09:33ET when underlying shares were trading at $21.54. Shares closed at $23.06, and the calls at $0.95 for a mark-to-market profit of 218%, or $108K, on the $50K outlay.
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Read More on SPR:
- Spirit AeroSystems Commences Cash Tender Offer for Any and All of Its Outstanding 7.500% Senior Secured Second Lien Notes Due 2025
- Spirit AeroSystems call volume above normal and directionally bullish
- Spirit AeroSystems announces $200M Class A common stock offering
- Spirit AeroSystems files automatic mixed securities shelf
- Spirit AeroSystems price target raised to $39 from $30 at Barclays
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