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Applovin put buyer realizes 88% same-day gains

Notable profits for the buyer who lifted the $2.61 offer for 1,157 Applovin (APP) 1/23 weekly 500 puts yesterday at 10:24ET when underlying shares were trading at $585.89. Shares closed at $568.76, and the puts at $4.90 for a mark-to-market profit of 88%, or $265K, on the $302K outlay.

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