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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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