Notable profits for the buyer who lifted the $0.54 offer for 2,000 Carvana (CVNA) 1/27 weekly 7 calls yesterday at 11:52ET when underlying shares were trading at $5.83. Shares closed at $8.03, and the calls at $2.14 for a mark-to-market profit of 296%, or $319K, on the $108K outlay.
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Published first on TheFly
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