Notable profits for the buyer who lifted the $0.79 offer for 5,615 Johnson & Johnson (JNJ) 2/3 weekly 162.5 puts yesterday at 11:18ET when underlying shares were trading at $166.47. Shares closed at $162.00, and the puts at $1.86 for a mark-to-market profit of 135%, or $599K, on the $443K outlay.
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Published first on TheFly
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