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General Motors call buyer realizes 81% same-day gains
The Fly

General Motors call buyer realizes 81% same-day gains

Notable profits for the buyer who lifted the $0.26 offer for 3,419 General Motors (GM) 12/1 weekly 29 calls yesterday at 09:43ET when underlying shares were trading at $28.38. Shares closed at $28.89, and the calls at $0.47 for a mark-to-market profit of 81%, or $71K, on the $88K outlay.

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