Mixed options sentiment in Pinduoduo with shares up 0.96%

Mixed options sentiment in Pinduoduo (PDD), with shares up $1.22, or 0.96%, near $128.57. Options volume roughly in line with average with 77k contracts traded and calls leading puts for a put/call ratio of 0.73, compared to a typical level near 0.62. Implied volatility (IV30) dropped 0.42 near 38.39,and below the 52wk median, suggesting an expected daily move of $3.11. Put-call skew flattened, suggesting a modestly bullish tone.