Notable profits for the buyer who lifted the $0.70 offer for 10,012 XP Inc (XP) May-23 14 calls yesterday at 09:49ET when underlying shares were trading at $12.34. Shares closed at $12.91, and the calls at $0.97 for a mark-to-market profit of 39%, or $273K, on the $701K outlay.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on XP: