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Bank of America call buyer realizes 98% same-day gains

Bank of America call buyer realizes 98% same-day gains

Notable profits for the buyer who lifted the $0.44 offer for 27,243 Bank of America (BAC) Mar-25 46.5 calls yesterday at 10:18ET when underlying shares were trading at $44.97. Shares closed at $46.10, and the calls at $0.87 for a mark-to-market profit of 98%, or $1174K, on the $1200K outlay.

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