Pinduoduo call buyer realizes 86% same-day gains

Notable profits for the buyer who lifted the $5.00 offer for 1,501 Pinduoduo (PDD) 5/31 weekly 137 calls yesterday at 09:31ET when underlying shares were trading at $129.65. Shares closed at $137.54, and the calls at $9.30 for a mark-to-market profit of 86%, or $646K, on the $750K outlay.