PDD Holdings Option Alert: Jan 19 $120 Calls at the Ask: 3000 @ $3.95 vs 6178 OI; Earnings 8/28 Before Open [est] Ref=$85.02
Portfolio Pulse from Charles Gross
PDD Holdings has an option alert for January 19 with $120 calls at the ask price of $3.95 for 3000 shares, compared to an open interest of 6178. The company is expected to announce earnings on August 28 before the market opens. The reference price is $85.02.
July 26, 2023 | 2:20 pm
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PDD Holdings has an option alert that could indicate increased trading activity. The earnings announcement on August 28 could also impact the stock price.
The option alert indicates that there may be increased trading activity for PDD Holdings, which could lead to volatility in the stock price. The upcoming earnings announcement could also impact the stock price depending on whether the results meet, exceed, or fall short of expectations.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100