Pinduoduo call buyer realizes 4% same-day gains

Notable profits for the buyer who lifted the $12.10 offer for 18,990 Pinduoduo (PDD) Jan-25 150 calls yesterday at 15:44ET when underlying shares were trading at $123.44. Shares closed at $124.14, and the calls at $12.56 for a mark-to-market profit of 4%, or $867K, on the $22978K outlay.