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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.

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