tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

American Axle call buyer realizes 17% same-day gains

Notable profits for the buyer who lifted the $0.77 offer for 9,996 American Axle (AXL) Nov-25 6 calls yesterday at 15:22ET when underlying shares were trading at $6.33. Shares closed at $6.49, and the calls at $0.91 for a mark-to-market profit of 17%, or $132K, on the $773K 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>>

Disclaimer & DisclosureReport an Issue

1