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Pinduoduo call volume above normal and directionally bullish

Bullish option flow detected in Pinduoduo with 83,225 calls trading, 2x expected, and implied vol increasing almost 6 points to 37.84%. Oct-25 140 calls and Oct-25 135 calls are the most active options, with total volume in those strikes near 43,700 contracts. The Put/Call Ratio is 0.55. Earnings are expected on November 20th.

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