Notable profits for the buyer who lifted the $8.00 offer for 2,000 Alexandria Real Estate (ARE) Oct-23 150 calls yesterday at 15:21ET when underlying shares were trading at $144.51. Shares closed at $143.83, and the calls at $9.86 for a mark-to-market profit of 23%, or $373K, on the $1600K outlay.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on ARE:
- Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.21 per Common Share for 1Q23, for an Aggregate of $4.78 per Common Share for the 12 Months Ending March 31, 2023, Up 24 Cents, or 5 Percent, Over the 12 Months Ended March 31, 2022
- Alexandria Real Estate price target raised to $180 from $178 at Mizuho
- Alexandria Real Estate exec Lee sells 4,800 common shares
- Alexandria Real Estate price target raised to $174 from $162 at Baird
- Alexandria Real Estate sees FY23 FFO $8.86-$9.06, consensus $8.92
