Looking At PDD Holdings's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for PDD Holdings (NASDAQ:PDD), with a large position indicating a bullish stance. The sentiment among these big-money traders is split between 66% bullish and 33% bearish. The whales have been targeting a price range from $55.0 to $115.0 for PDD Holdings over the last 3 months. The price of PDD is currently down -5.51% at $67.88.
July 06, 2023 | 5:16 pm
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PDD Holdings has seen unusual options activity, with a large bullish position. The sentiment among these traders is 66% bullish and 33% bearish. The price of PDD is currently down -5.51% at $67.88.
The unusual options activity, particularly the large bullish position, indicates that there is significant interest in PDD Holdings. This could potentially drive the price up in the short term. However, the current price is down, which may indicate some market uncertainty.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100