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Novavax call buyer realizes 60% same-day gains

Notable profits for the buyer who lifted the $0.57 offer for 3,328 Novavax (NVAX) 12/23 weekly 11 calls yesterday at 14:21ET when underlying shares were trading at $10.39. Shares closed at $11.03, and the calls at $0.91 for a mark-to-market profit of 60%, or $113K, on the $189K outlay.

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Published first on TheFly

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