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Snowflake put buyer realizes 180% same-day gains
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Snowflake put buyer realizes 180% same-day gains

Notable profits for the buyer who lifted the $1.50 offer for 1,612 Snowflake (SNOW) 12/22 weekly 197.5 puts yesterday at 12:32ET when underlying shares were trading at $198.93. Shares closed at $194.28, and the puts at $4.20 for a mark-to-market profit of 180%, or $435K, on the $242K outlay.

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