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Pinduoduo call volume above normal and directionally bullish

Pinduoduo call volume above normal and directionally bullish

Bullish option flow detected in Pinduoduo with 31,058 calls trading, 1.4x expected, and implied vol increasing over 4 points to 41.81%. 1/24 weekly 105 calls and Jan-25 100 calls are the most active options, with total volume in those strikes near 11,500 contracts. The Put/Call Ratio is 0.32. Earnings are expected on March 20th.

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