tiprankstipranks

Pinduoduo call volume above normal and directionally bullish

Pinduoduo call volume above normal and directionally bullish

Bullish option flow detected in Pinduoduo with 47,903 calls trading, 3x expected, and implied vol increasing over 3 points to 54.17%. Jun-25 140 calls and 2/14 weekly 125 calls are the most active options, with total volume in those strikes near 15,500 contracts. The Put/Call Ratio is 0.33. Earnings are expected on March 20th.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Questions or Comments about the article? Write to editor@tipranks.com