Notable profits for the buyer who lifted the $1.11 offer for 12,500 Sea Limited (SE) 10/13 weekly 40 calls yesterday at 10:32ET when underlying shares were trading at $37.62. Shares closed at $39.03, and the calls at $1.74 for a mark-to-market profit of 57%, or $789K, on the $1388K outlay.
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 SE: