Notable profits for the buyer who lifted the $1.00 offer for 50,000 Gap Inc (GAP) Dec-25 24 calls yesterday at 13:40ET when underlying shares were trading at $20.92. Shares closed at $21.60, and the calls at $1.31 for a mark-to-market profit of 31%, or $1558K, on the $5000K outlay.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% 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>>
Read More on GAP: