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UPS put buyer realizes 96% same-day gains
The Fly

UPS put buyer realizes 96% same-day gains

Notable profits for the buyer who lifted the $0.80 offer for 2,029 UPS (UPS) Aug-23 175 puts yesterday at 10:29ET when underlying shares were trading at $178.85. Shares closed at $176.62, and the puts at $1.57 for a mark-to-market profit of 96%, or $155K, on the $162K outlay.

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