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Microsoft put buyer realizes 12% same-day gains

Notable profits for the buyer who lifted the $24.10 offer for 9,254 Microsoft (MSFT) Dec-24 420 puts yesterday at 10:30ET when underlying shares were trading at $420.15. Shares closed at $414.67, and the puts at $27.06 for a mark-to-market profit of 12%, or $2744K, on the $22302K outlay.

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