Notable profits for the buyer who lifted the $2.43 offer for 6,631 Upstart Holdings (UPST) Oct-25 52.5 puts yesterday at 09:59ET when underlying shares were trading at $55.06. Shares closed at $52.74, and the puts at $3.47 for a mark-to-market profit of 43%, or $695K, on the $1609K outlay.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UPST:
- Upstart falls -7.3%
- BTIG candidly surprised by increase of delinquencies, keeps Neutral on Upstart
- Upstart Holdings: Hold Rating Amid Rising Delinquencies and Fair Valuation
- Moderately bullish activity in Upstart Holdings with shares down 1.14%
- Private Markets: Dyna Robotics raises $120M from Nvidia, Amazon