Bullish option flow detected in Pinduoduo with 14,000 calls trading, 1.0x expected, and implied vol increasing over 1 point to 49.92%. 5/31 weekly 150 calls and May-24 126 puts are the most active options, with total volume in those strikes near 6,300 contracts. The Put/Call Ratio is 0.39. Earnings are expected on May 24th.
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