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Albemarle put buyer realizes 10% same-day gains
The Fly

Albemarle put buyer realizes 10% same-day gains

Notable profits for the buyer who lifted the $27.50 offer for 1,410 Albemarle (ALB) Sep-23 220 puts yesterday at 10:09ET when underlying shares were trading at $209.25. Shares closed at $204.00, and the puts at $30.34 for a mark-to-market profit of 10%, or $401K, on the $3878K outlay.

Published first on TheFly

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