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Blackstone put buyer realizes 30% same-day gains

Notable profits for the buyer who lifted the $2.00 offer for 2,821 Blackstone (BX) 12/9 weekly 85 puts yesterday at 09:32ET when underlying shares were trading at $87.42. Shares closed at $85.04, and the puts at $2.59 for a mark-to-market profit of 30%, or $167K, on the $564K outlay.

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Published first on TheFly

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