Notable profits for the buyer who lifted the $1.00 offer for 1,576 Alphabet (GOOG) Dec-22 97 puts yesterday at 10:25ET when underlying shares were trading at $98.44. Shares closed at $95.85, and the puts at $2.26 for a mark-to-market profit of 126%, or $198K, on the $158K outlay.
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Published first on TheFly
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