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Tesla put buyer realizes 31% same-day gains

Notable profits for the buyer who lifted the $4.85 offer for 1,447 Tesla (TSLA) 3/27 weekly 370 puts yesterday at 10:07ET when underlying shares were trading at $397.85. Shares closed at $391.20, and the puts at $6.36 for a mark-to-market profit of 31%, or $219K, on the $702K outlay.

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