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Chevron put buyer realizes 85% same-day gains
The Fly

Chevron put buyer realizes 85% same-day gains

Notable profits for the buyer who lifted the $1.28 offer for 1,173 Chevron (CVX) 11/3 weekly 145 puts yesterday at 09:33ET when underlying shares were trading at $147.57. Shares closed at $144.35, and the puts at $2.37 for a mark-to-market profit of 85%, or $128K, on the $150K outlay.

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