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Pinduoduo call buyer realizes 7% same-day gains

Notable profits for the buyer who lifted the $7.00 offer for 10,025 Pinduoduo (PDD) 4/11 weekly 125 calls yesterday at 10:36ET when underlying shares were trading at $119.21. Shares closed at $120.21, and the calls at $7.48 for a mark-to-market profit of 7%, or $480K, on the $7018K outlay.

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