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Pinduoduo call volume above normal and directionally bullish

Bullish option flow detected in Pinduoduo with 69,333 calls trading, 4x expected, and implied vol increasing over 1 point to 61.75%. 2/28 weekly 140 calls and Feb-25 130 calls are the most active options, with total volume in those strikes near 20,800 contracts. The Put/Call Ratio is 0.18. Earnings are expected on March 20th.

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