Mixed options sentiment in Pinduoduo (PDD), with shares down $1.07 near $118.73.Options volume running well above average with 70k contracts traded and calls leading puts for a put/call ratio of 0.73, compared to a typical level near 0.55. Implied volatility (IV30) dropped 0.11 near 48.31,and above the 52wk median, suggesting an expected daily move of $3.61. Put-call skew flattened, suggesting a modestly bullish tone.
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Read More on PDD:
- Buy Rating on PDD Holdings Driven by Anticipated Growth in OMS Revenue and Non-GAAP Net Profit
- Pinduoduo call volume above normal and directionally bullish
- In blow to Temu, Shein, EU to impose EUR 2 fee on low-cost items, FT reports
- Temu Owner PDD Dives as EU Gets Set to Mirror Trump and Hike Taxes on Low Cost Packages
- Republicans ask SEC to consider delisting Chinese companies, FT reports
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