Mixed options sentiment in Pinduoduo with shares up 4.26%

Mixed options sentiment in Pinduoduo (PDD), with shares up $4.24, or 4.26%, near $103.78. Options volume running well above average with 84k contracts traded and calls leading puts for a put/call ratio of 0.16, compared to a typical level near 0.88. Implied volatility (IV30) dropped 2.86 near 33.16,and below the 52wk median, suggesting an expected daily move of $2.17. Put-call skew flattened, suggesting a modestly bullish tone.