Notable profits for the buyer who lifted the $1.73 offer for 7,281 SoundHound AI (SOUN) 1/3 weekly 24 calls yesterday at 10:57ET when underlying shares were trading at $22.58. Shares closed at $24.23, and the calls at $2.37 for a mark-to-market profit of 37%, or $467K, on the $1260K outlay.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% 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>>
Read More on SOUN: