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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 76,876 calls trading, 4x expected, and implied vol increasing almost 2 points to 43.29%. 1/24 weekly 107 calls and 1/24 weekly 110 calls are the most active options, with total volume in those strikes near 18,500 contracts. The Put/Call Ratio is 0.24. Earnings are expected on March 20th.

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