iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

UPDATE: Mysterious $JPM Put Trade Just Returned 10x Overnight

As we discussed yesterday, some lucky guy(s) loaded up on JPM May $41 puts, EXPIRING TODAY, for as much as .40. Those same puts, after the bad news, are now worth more than $4.00. Not bad for a single days work.

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