Bullish option flow detected in Pinduoduo with 34,529 calls trading, 1.7x expected, and implied vol increasing over 1 point to 49.59%. 2/14 weekly 122 calls and 2/28 weekly 126 calls are the most active options, with total volume in those strikes near 12,100 contracts. The Put/Call Ratio is 0.48. Earnings are expected on March 20th.
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- Pinduoduo call volume above normal and directionally bullish