PDD Holdings Unusual Options Activity For October 06
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on PDD Holdings (NASDAQ:PDD) as evidenced by unusual options activity. The overall sentiment of these big-money traders is split between 66% bullish and 33% bearish. Whales have been targeting a price range from $70.0 to $135.0 for PDD Holdings over the last 3 months. The price of PDD is up 6.49% at $104.74.
October 06, 2023 | 2:46 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Unusual options activity indicates a significant bullish stance on PDD Holdings. The price of PDD is up 6.49% at $104.74.
The unusual options activity, with a majority being bullish, indicates that big-money traders are expecting the price of PDD to rise. This could potentially drive the price up in the short term. The current price increase of 6.49% further supports this.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100