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Pinduoduo call buyer realizes 10% same-day gains

Pinduoduo call buyer realizes 10% same-day gains

Notable profits for the buyer who lifted the $10.10 offer for 10,000 Pinduoduo (PDD) Jun-25 135 calls yesterday at 13:04ET when underlying shares were trading at $129.26. Shares closed at $130.92, and the calls at $11.13 for a mark-to-market profit of 10%, or $1027K, on the $10100K outlay.

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