Notable profits for the buyer who lifted the $0.28 offer for 5,000 Intel (INTC) 11/24 weekly 44 calls yesterday at 12:39ET when underlying shares were trading at $42.47. Shares closed at $43.35, and the calls at $0.59 for a mark-to-market profit of 109%, or $153K, on the $140K 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>>
See today’s best-performing stocks on TipRanks >>
Read More on INTC: