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Mixed options sentiment in Pinduoduo with shares down 0.1%

Mixed options sentiment in Pinduoduo (PDD), with shares down 11c near $106.75. Options volume relatively light with 4005 contracts traded and calls leading puts for a put/call ratio of 0.15, compared to a typical level near 1.91. Implied volatility (IV30) is higher by 0.4 points near 34.39,and below the 52wk median, suggesting an expected daily move of $2.31. Put-call skew flattened, suggesting a modestly bullish tone.

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