Behind the Scenes of PDD Holdings's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Recent options trading trends for PDD Holdings (NASDAQ:PDD) show a bullish sentiment among major investors, with 12 call trades totaling $542,164 and 4 put trades totaling $161,340. The stock is currently priced at $98.41, up 1.24%, with RSI indicators suggesting it may be oversold. The next earnings report is expected in 70 days.
September 17, 2024 | 2:32 pm
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POSITIVE IMPACT
PDD Holdings has seen a bullish trend in options trading, with 12 call trades and 4 put trades. The stock price is up 1.24% at $98.41, and RSI indicators suggest it may be oversold. This indicates potential positive sentiment in the short term.
The options trading data shows a significant bullish sentiment with a higher number of call trades compared to puts. The stock's current price increase and RSI suggesting it may be oversold further support a positive short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100