PDD Holdings Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for PDD Holdings (NASDAQ:PDD), with a majority of investors taking a bullish stance. The trades include 4 puts amounting to $264,560 and 7 calls amounting to $352,025. Whales have been targeting a price range from $88.0 to $130.0 for PDD Holdings over the last 3 months. The current price of PDD is up 0.43% at $107.42.
October 10, 2023 | 2:01 pm
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PDD Holdings has seen significant unusual options activity, with a majority of investors taking a bullish stance. The current price of PDD is up 0.43% at $107.42.
The unusual options activity, with a majority of investors taking a bullish stance, indicates a positive sentiment towards PDD Holdings. This could potentially drive the stock price up in the short term. The current price increase of 0.43% further supports this.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100