Benzinga World Championship Of Trading Powered By TradeZero: 1 Contestant Up 988% In 3 Weeks — Join Now For $25,000 In Additional Cash, Prizes
Portfolio Pulse from Chris Katje
Benzinga's World Championship of Trading, powered by TradeZero, is a paper trading contest offering over $30,000 in cash and prizes. Contestants compete in three separate contests, with the first nearing completion. Andrea S. leads the first contest with a 988% gain, using strategies like buying call options in PDD Holdings. The contest provides exposure to TradeZero's short-selling tools and Benzinga's Live Squawk product.
October 08, 2024 | 9:41 pm
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Andrea S., a leading contestant in Benzinga's trading contest, has bought call options in PDD Holdings due to positive news on China stimulus, potentially impacting PDD's stock price.
Andrea S., a top contestant in the trading contest, has chosen to invest in PDD Holdings by buying call options. This decision was influenced by positive news regarding China's stimulus, which could lead to a short-term increase in PDD's stock price. The contestant's success and strategy highlight the potential impact on PDD's stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80