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Pinduoduo call volume above normal and directionally bullish

Bullish option flow detected in Pinduoduo with 41,864 calls trading, 1.3x expected, and implied vol increasing over 3 points to 42.55%. 1/10 weekly 102 calls and 1/10 weekly 89 puts are the most active options, with total volume in those strikes near 15,900 contracts. The Put/Call Ratio is 0.64. Earnings are expected on March 20th.

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