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INTU Jun 2025 420.000 put

OPR - OPR Delayed price. Currency in USD
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8.500.00 (0.00%)
As of 02:44PM EDT. Market open.
Full screen
Previous close8.50
Open8.50
Bid4.00
Ask10.00
Strike420.00
Expiry date2025-06-20
Day's range8.50 - 8.50
Contract rangeN/A
Volume6
Open interest11
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    IRS's free tax-filing tool: Why TurboTax says it's not worried

    The Federal Trade Commission (FTC) ruled earlier this year that Intuit's (INTU) TurboTax Free was not actually free for most. Intuit CFO Sandeep Aujla joins Wealth! to discuss the future of the tax platform as more free filing programs enter the market. "We have always offered free products. In fact, we were one of the early innovators in the free space. And free is a key component of the tax industry. You have many free participants in there. And the government introducing a free offering is not a material impact to the industry, and quite frankly, I think it's not a good use of our fiscal spending either," Aujla says. Aujla notes that Intuit is using AI to help bring expertise to users when filing their taxes, explaining: "That's the part of the business that we're really highlighting to the investment community. It's a business that grew 17% last year. It is $1.4 billion in revenue, representing about 30% of our overall tax revenues. And, it is a business that we continue to invest in and are quite excited about its growth prospects. And that's what's giving is bolstering our confidence, quite frankly, on our ability to continue to scale our consumer group and our tax revenues." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Melanie Riehl