Investors with a lot of money to spend have taken a bearish stance on PDD Holdings PDD.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with PDD, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 9 uncommon options trades for PDD Holdings.
This isn't normal.
The overall sentiment of these big-money traders is split between 33% bullish and 55%, bearish.
Out of all of the special options we uncovered, 2 are puts, for a total amount of $84,506, and 7 are calls, for a total amount of $1,829,353.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $90.0 and $120.0 for PDD Holdings, spanning the last three months.
Insights into Volume & Open Interest
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for PDD Holdings's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across PDD Holdings's significant trades, within a strike price range of $90.0 to $120.0, over the past month.
PDD Holdings Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PDD | CALL | TRADE | BULLISH | 01/15/27 | $26.4 | $26.35 | $26.4 | $115.00 | $1.3M | 3.9K | 4 |
| PDD | CALL | SWEEP | BEARISH | 05/16/25 | $14.2 | $13.7 | $13.7 | $100.00 | $301.4K | 319 | 220 |
| PDD | CALL | TRADE | BEARISH | 05/16/25 | $11.85 | $11.5 | $11.5 | $105.00 | $86.2K | 413 | 75 |
| PDD | PUT | SWEEP | BEARISH | 02/21/25 | $2.46 | $2.46 | $2.46 | $90.00 | $49.2K | 6.7K | 209 |
| PDD | CALL | SWEEP | BULLISH | 07/18/25 | $16.85 | $16.5 | $16.85 | $100.00 | $38.7K | 2.1K | 20 |
About PDD Holdings
PDD Holdings is a multinational commerce group that owns and operates a portfolio of businesses. PDD aims to bring more businesses and people into the digital economy so that local communities and small businesses can benefit from the increased productivity and new opportunities. PDD has built a network of sourcing, logistics, and fulfillment capabilities that support its underlying businesses.
In light of the recent options history for PDD Holdings, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Current Position of PDD Holdings
- Currently trading with a volume of 2,672,048, the PDD's price is down by -0.88%, now at $100.46.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 90 days.
Expert Opinions on PDD Holdings
In the last month, 3 experts released ratings on this stock with an average target price of $145.33333333333334.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Jefferies has decided to maintain their Buy rating on PDD Holdings, which currently sits at a price target of $171. * An analyst from Benchmark persists with their Buy rating on PDD Holdings, maintaining a target price of $160. * An analyst from JP Morgan has revised its rating downward to Neutral, adjusting the price target to $105.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for PDD Holdings, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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