Notable profits for the buyer who lifted the $7.40 offer for 2,844 Pinduoduo (PDD) Jan-24 135 calls yesterday at 09:40ET when underlying shares were trading at $136.78. Shares closed at $138.96, and the calls at $8.85 for a mark-to-market profit of 20%, or $411K, on the $2105K outlay.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on PDD: