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Pinduoduo call buyer realizes 23% same-day gains

Notable profits for the buyer who lifted the $6.25 offer for 2,400 Pinduoduo (PDD) 10/25 weekly 155 calls yesterday at 09:40ET when underlying shares were trading at $149.37. Shares closed at $152.62, and the calls at $7.67 for a mark-to-market profit of 23%, or $340K, on the $1500K outlay.

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