Notable profits for the buyer who lifted the $2.24 offer for 1,014 Tesla (TSLA) 3/24 weekly 195 puts yesterday at 14:49ET when underlying shares were trading at $199.25. Shares closed at $191.15, and the puts at $5.30 for a mark-to-market profit of 137%, or $311K, on the $227K outlay.
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Published first on TheFly
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