tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Robinhood call buyer realizes 89% same-day gains

Notable profits for the buyer who lifted the $0.80 offer for 2,071 Robinhood (HOOD) 11/29 weekly 36 calls yesterday at 09:43ET when underlying shares were trading at $34.89. Shares closed at $36.65, and the calls at $1.51 for a mark-to-market profit of 89%, or $147K, on the $166K outlay.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% 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>>

Disclaimer & DisclosureReport an Issue

1