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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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