Notable profits for the buyer who lifted the $0.45 offer for 1,500 Dell Technologies (DELL) Apr-24 118 puts yesterday at 09:41ET when underlying shares were trading at $123.36. Shares closed at $119.62, and the puts at $1.25 for a mark-to-market profit of 179%, or $121K, on the $68K outlay.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DELL:
- Dell Technologies call volume above normal and directionally bullish
- Dell Technologies exec sells $12.5M in common stock
- Super Micro Computer Stock (NASDAQ:SMCI): Massive Growth Makes It Undervalued
- Nvidia competition heats up as Intel, Google unveil new AI offerings
- Intel announces enterprise AI with Gaudi 3, AI open systems strategy
