Something to keep an eye on: Mostly large institutional traders are showing a short build up in $PDD. Net option volume delta is -76 K!
PDD112.26+6.47 (+6.1%)PDD Holdings - American Depositary Shares
ATM straddle for 26-Dec-25 expiration returned a positive 121.6% from the previous business day
The upside wing (25 delta calls) gained 585.8%
Downside put (25 delta puts) lost -69.5%
The option volume for 26-Dec-25 expiration is 2,498
$PDD negative imbalance of -1.6 M option volume delta...indicating traderes are more bearish on the stock
I noticed a lot of bearish pressure coming from the options market on $PDD. Check out this order imbalance! -671 K option volume delta. What is option volume delta?
Bearish play with a target stock price of $100
Strategy has +359% upside potential and 28% undervalued
$PDD Bullish pressure building up in the options market. On-Balance net option delta is 198 K.
