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MS May 2024 78.000 put

OPR - OPR Delayed price. Currency in USD
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0.01000.0000 (0.00%)
At close: 11:18AM EDT
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Previous close0.0100
Open0.0100
Bid0.0000
Ask0.0100
Strike78.00
Expiry date2024-05-03
Day's range0.0100 - 0.0100
Contract rangeN/A
Volume201
Open interest286
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    Morgan Stanley, Frasers settle UK lawsuit over $1 billion margin call

    British retail tycoon Mike Ashley's Frasers Group has withdrawn its London lawsuit against Morgan Stanley over a nearly $1 billion margin call, a spokesperson for the Wall Street bank said on Friday. Frasers had sued Morgan Stanley for about 47 million euros ($50.5 million) after the bank imposed the margin call – security to cover possible losses – on the retailer's trading position in German fashion group Hugo Boss in May 2021. Ashley, whose fortune is estimated by Forbes to be worth $5.1 billion, gave evidence at the trial at London's High Court in February that the demand for collateral left him in "total shock".

  • Reuters

    Morgan Stanley, Frasers settle UK lawsuit over $1 bln margin call

    British retail tycoon Mike Ashley's Frasers Group has withdrawn its London lawsuit against Morgan Stanley over a nearly $1 billion margin call, a spokesperson for the Wall Street bank said on Friday. Frasers had sued Morgan Stanley for about 47 million euros ($50.5 million) after the bank imposed the margin call – security to cover possible losses – on the retailer's trading position in German fashion group Hugo Boss in May 2021. Ashley, whose fortune is estimated by Forbes to be worth $5.1 billion, gave evidence at the trial at London's High Court in February that the demand for collateral left him in "total shock".