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Pinduoduo call buyer realizes 7% same-day gains
The Fly

Pinduoduo call buyer realizes 7% same-day gains

Notable profits for the buyer who lifted the $10.50 offer for 1,500 Pinduoduo (PDD) Mar-24 145 calls yesterday at 12:09ET when underlying shares were trading at $143.25. Shares closed at $144.45, and the calls at $11.20 for a mark-to-market profit of 7%, or $105K, on the $1575K outlay.

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