Bullish option flow detected in Pinduoduo with 16,698 calls trading, 1.2x expected, and implied vol increasing over 1 point to 32.53%. 10/10 weekly 132 puts and 10/10 weekly 135 calls are the most active options, with total volume in those strikes near 11,000 contracts. The Put/Call Ratio is 0.62. Earnings are expected on November 20th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PDD:
- Mixed options sentiment in Pinduoduo with shares down 1.11%
- Moderately bullish activity in Pinduoduo with shares up 1.18%
- Gemini Goes Bananas! Google Snatches the Top Spot from ChatGPT on App Store
- Moderately bullish activity in Pinduoduo with shares up 1.13%
- Pinduoduo call buyer realizes 70% same-day gains