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Coca Cola put buyer realizes 94% same-day gains
The Fly

Coca Cola put buyer realizes 94% same-day gains

Notable profits for the buyer who lifted the $0.67 offer for 3,442 Coca Cola (KO) Oct-23 53 puts yesterday at 11:12ET when underlying shares were trading at $53.59. Shares closed at $52.38, and the puts at $1.30 for a mark-to-market profit of 94%, or $216K, on the $230K outlay.

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