Notable profits for the buyer who lifted the $0.25 offer for 3,241 iQiyi (IQ) Jan-23 6.5 calls yesterday at 10:15ET when underlying shares were trading at $4.87. Shares closed at $5.28, and the calls at $0.43 for a mark-to-market profit of 74%, or $60K, on the $81K outlay.
Published first on TheFly
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