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Robinhood call buyer realizes 35% same-day gains

Robinhood call buyer realizes 35% same-day gains

Notable profits for the buyer who lifted the $1.85 offer for 1,929 Robinhood (HOOD) 1/24 weekly 40 calls yesterday at 12:40ET when underlying shares were trading at $39.38. Shares closed at $40.81, and the calls at $2.49 for a mark-to-market profit of 35%, or $124K, on the $357K outlay.

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