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Meta Platforms Inc call buyer realizes 98% same-day gains

Notable profits for the buyer who lifted the $5.96 offer for 1,096 Meta Platforms Inc (META) Feb-26 685 calls yesterday at 10:27ET when underlying shares were trading at $660.10. Shares closed at $677.22, and the calls at $11.81 for a mark-to-market profit of 98%, or $641K, on the $653K outlay.

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