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Canadian Natural put buyer realizes 20% same-day gains
The Fly

Canadian Natural put buyer realizes 20% same-day gains

Notable profits for the buyer who lifted the $3.70 offer for 1,414 Canadian Natural (CNQ) Jun-23 55 puts yesterday at 11:20ET when underlying shares were trading at $56.10. Shares closed at $54.44, and the puts at $4.43 for a mark-to-market profit of 20%, or $103K, on the $523K outlay.

Published first on TheFly

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