Notable profits for the buyer who lifted the $2.30 offer for 2,727 Uber (UBER) May-23 32.5 puts yesterday at 10:49ET when underlying shares were trading at $34.35. Shares closed at $33.44, and the puts at $2.58 for a mark-to-market profit of 12%, or $75K, on the $627K outlay.
Published first on TheFly
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