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Coinbase put buyer realizes 174% same-day gains
The Fly

Coinbase put buyer realizes 174% same-day gains

Notable profits for the buyer who lifted the $0.38 offer for 1,488 Coinbase (COIN) 10/27 weekly 76 puts yesterday at 12:00ET when underlying shares were trading at $81.45. Shares closed at $77.79, and the puts at $1.04 for a mark-to-market profit of 174%, or $98K, on the $57K outlay.

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