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Alphabet Class A call buyer realizes 247% same-day gains

Notable profits for the buyer who lifted the $0.70 offer for 2,000 Alphabet Class A (GOOGL) 7/3 weekly 177.5 calls yesterday at 15:25ET when underlying shares were trading at $173.50. Shares closed at $178.53, and the calls at $2.43 for a mark-to-market profit of 247%, or $346K, on the $140K outlay.

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