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Papa John’s call buyer realizes 237% same-day gains

Notable profits for the buyer who lifted the $0.98 offer for 3,521 Papa John’s (PZZA) Apr-25 55 calls yesterday at 10:22ET when underlying shares were trading at $43.80. Shares closed at $51.28, and the calls at $3.31 for a mark-to-market profit of 237%, or $820K, on the $345K outlay.

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