Notable profits for the buyer who lifted the $0.74 offer for 1,999 Alphabet Class A (GOOGL) 3/31 weekly 102 puts yesterday at 09:48ET when underlying shares were trading at $104.50. Shares closed at $102.46, and the puts at $1.34 for a mark-to-market profit of 82%, or $120K, on the $147K outlay.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on GOOGL:
- GOOGL Asked to Pay an Antitrust Fine of $160 Million by Indian Court
- GOOGL Asks Judge to Dismiss DoJ’s Antitrust Case
- Frontier Communications announces new partnership with YouTube TV
- Alphabet’s (NASDAQ:GOOGL) Antitrust Suit to Hit Court Sooner
- Bernstein technology analysts to hold analyst/industry conference call