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Penn National call buyer realizes 53% same-day gains
The Fly

Penn National call buyer realizes 53% same-day gains

Notable profits for the buyer who lifted the $0.55 offer for 3,753 Penn National (PENN) Jan-25 20 calls yesterday at 11:08ET when underlying shares were trading at $19.17. Shares closed at $19.82, and the calls at $0.84 for a mark-to-market profit of 53%, or $109K, on the $206K outlay.

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