Notable profits for the buyer who lifted the $2.82 offer for 1,137 Advanced Micro Devices (AMD) 3/28 weekly 180 puts yesterday at 11:27ET when underlying shares were trading at $181.85. Shares closed at $178.63, and the puts at $4.06 for a mark-to-market profit of 44%, or $141K, on the $321K outlay.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMD:
- AMD or Intel: Barclays Chooses the Superior Chip Stock to Buy
- U.S., China Trade War Heats Up: AMD, Intel Caught in the Crossfire
- China blocks uses of Intel, AMD chips in government computers, FT reports
- Astera Labs & Reddit: Soaring High on the IPO Success Flight
- Notable open interest changes for March 21st