tiprankstipranks
Alibaba call buyer realizes 49% same-day gains
The Fly

Alibaba call buyer realizes 49% same-day gains

Notable profits for the buyer who lifted the $3.20 offer for 3,000 Alibaba (BABA) 1/26 weekly 65 calls yesterday at 12:12ET when underlying shares were trading at $67.66. Shares closed at $69.42, and the calls at $4.77 for a mark-to-market profit of 49%, or $471K, on the $960K outlay.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on BABA:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles