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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 28,118 calls trading, 1.4x expected, and implied vol increasing over 2 points to 55.67%. Feb-23 110 calls and Feb-23 90 puts are the most active options, with total volume in those strikes near 5,100 contracts. The Put/Call Ratio is 0.54. Earnings are expected on March 21st.

Published first on TheFly

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