Notable profits for the buyer who lifted the $1.31 offer for 1,163 Amazon (AMZN) 1/27 weekly 92 calls yesterday at 10:10ET when underlying shares were trading at $91.75. Shares closed at $97.18, and the calls at $5.16 for a mark-to-market profit of 294%, or $448K, on the $153K outlay.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on AMZN:
- William Blair downgrades ViaSat on share rally, ramping competition
- Alphabet price target lowered to $130 from $135 at Oppenheimer
- META, AMZN, or NFLX: Which FAANG Stock is Wall Street’s Best Bet in 2023?
- Notable open interest changes for January 25th
- Azure guidance indicates AWS will remain concern into earnings, says BofA