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Microsoft put buyer realizes 16% same-day gains

Notable profits for the buyer who lifted the $27.10 offer for 9,569 Microsoft (MSFT) Dec-24 400 puts yesterday at 11:02ET when underlying shares were trading at $398.77. Shares closed at $389.33, and the puts at $31.35 for a mark-to-market profit of 16%, or $4068K, on the $25932K outlay.

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