tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Cloudflare call buyer realizes 44% same-day gains

Notable profits for the buyer who lifted the $1.13 offer for 2,110 Cloudflare (NET) 5/31 weekly 75 calls yesterday at 14:00ET when underlying shares were trading at $74.26. Shares closed at $75.20, and the calls at $1.63 for a mark-to-market profit of 44%, or $105K, on the $238K outlay.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% 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