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Pinduoduo call volume above normal and directionally bullish
The Fly

Pinduoduo call volume above normal and directionally bullish

Bullish option flow detected in Pinduoduo with 21,960 calls trading, 1.4x expected, and implied vol increasing over 1 point to 33.43%. 1/5 weekly 146 calls and Apr-24 135 puts are the most active options, with total volume in those strikes near 15,000 contracts. The Put/Call Ratio is 0.60. Earnings are expected on March 18th.

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