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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 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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