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Pinduoduo call volume above normal and directionally bullish
The Fly

Pinduoduo call volume above normal and directionally bullish

Bullish option flow detected in Pinduoduo with 27,114 calls trading, 1.3x expected, and implied vol increasing over 1 point to 38.94%. 12/13 weekly 90 puts and Jan-26 105 calls are the most active options, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 0.56. Earnings are expected on March 20th.

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