Tesla put buyer realizes 85% same-day gains

Notable profits for the buyer who lifted the $1.55 offer for 2,014 Tesla (TSLA) 2/24 weekly 190 puts yesterday at 10:03ET when underlying shares were trading at $204.90. Shares closed at $197.37, and the puts at $2.87 for a mark-to-market profit of 85%, or $267K, on the $312K outlay.