Notable profits for the buyer who lifted the $0.93 offer for 1,771 YETI Holdings (YETI) 11/10 weekly 40 puts yesterday at 09:46ET when underlying shares were trading at $43.55. Shares closed at $42.07, and the puts at $1.38 for a mark-to-market profit of 48%, or $80K, on the $165K outlay.
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Read More on YETI:
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- Tractor Supply introduces Yeti products to outdoor gear line-up
- Yeti price target lowered to $33 from $34 at KeyBanc
- O’Reilly upgraded, Yeti downgraded: Wall Street’s top analyst calls
- Yeti downgraded to Neutral on slowing trends at Exane BNP
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