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Avadel Pharmaceuticals call buyer realizes 17% same-day gains
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Avadel Pharmaceuticals call buyer realizes 17% same-day gains

Notable profits for the buyer who lifted the $3.50 offer for 1,657 Avadel Pharmaceuticals (AVDL) Jan-25 17.5 calls yesterday at 09:59ET when underlying shares were trading at $17.07. Shares closed at $18.09, and the calls at $4.10 for a mark-to-market profit of 17%, or $100K, on the $580K outlay.

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