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Carvana put buyer realizes 39% same-day gains

Notable profits for the buyer who lifted the $10.60 offer for 1,276 Carvana (CVNA) Jan-26 400 puts yesterday at 10:05ET when underlying shares were trading at $411.85. Shares closed at $400.25, and the puts at $14.78 for a mark-to-market profit of 39%, or $533K, on the $1353K outlay.

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