Whales with a lot of money to spend have taken a noticeably bullish stance on PDD Holdings.
Looking at options history for PDD Holdings PDD we detected 11 trades.
If we consider the specifics of each trade, it is accurate to state that 54% of the investors opened trades with bullish expectations and 45% with bearish.
From the overall spotted trades, 6 are puts, for a total amount of $1,035,443 and 5, calls, for a total amount of $378,440.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $105.0 to $180.0 for PDD Holdings during the past quarter.
Analyzing 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 $105.0 to $180.0, over the past month.
PDD Holdings Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| PDD | PUT | SWEEP | BULLISH | 04/05/24 | $105.00 | $498.7K | 0 | 3.5K |
| PDD | PUT | SWEEP | BULLISH | 04/19/24 | $115.00 | $214.6K | 2.9K | 580 |
| PDD | CALL | TRADE | NEUTRAL | 01/17/25 | $135.00 | $158.4K | 446 | 60 |
| PDD | PUT | SWEEP | BULLISH | 04/05/24 | $121.00 | $131.6K | 0 | 351 |
| PDD | PUT | TRADE | BULLISH | 01/17/25 | $135.00 | $127.0K | 241 | 0 |
About PDD Holdings
PDD Holdings PDD is a multinational commerce group that owns and operates a portfolio of businesses. PDD Holdings 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 Holdings has built a network of sourcing, logistics, and fulfilment 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.
Present Market Standing of PDD Holdings
- With a volume of 1,171,839, the price of PDD is up 1.12% at $133.11.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 24 days.
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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