Notable profits for the buyer who lifted the $18.10 offer for 10,032 Pinduoduo (PDD) Mar-25 160 calls yesterday at 09:32ET when underlying shares were trading at $138.53. Shares closed at $140.52, and the calls at $19.25 for a mark-to-market profit of 6%, or $1157K, on the $18158K outlay.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PDD: