Bullish option flow detected in Pinduoduo with 49,540 calls trading, 1.2x expected, and implied vol increasing almost 3 points to 50.29%. 11/8 weekly 140 calls and Oct-24 128 calls are the most active options, with total volume in those strikes near 20,000 contracts. The Put/Call Ratio is 0.19. Earnings are expected on November 29th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PDD: