Notable profits for the buyer who lifted the $10.40 offer for 7,000 Alphabet Class A (GOOGL) Jan-26 195 calls yesterday at 09:53ET when underlying shares were trading at $175.39. Shares closed at $176.77, and the calls at $10.93 for a mark-to-market profit of 5%, or $371K, on the $7280K outlay.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GOOGL:
- OpenAI-Microsoft Rift Takes an Ugly Turn, With Courtroom Drama Possible
- OpenAI Bags $200M Defense Deal to Boost Government AI Capabilities
- IonQ Looks to Take $1.1Bn Quantum Leap Towards Stock Maturity
- Meta Platforms (META) Bets $14.3 Billion on ‘Superintelligence’ to Secure AI Crown
- Tensions Between Microsoft (MSFT) and OpenAI Reach ‘Boiling Point’