Pinduoduo Options Sentiment Mixed Ahead of Earnings Release

Pinduoduo's options sentiment is mixed with shares up 2c, or 0.02%, near $114.22. Options volume is roughly in line with average with 57k contracts traded and puts leading calls for a put/call ratio of 1.81. Implied volatility dropped 0.36 near 45.02, and put-call skew steepened, indicating increased demand for downside protection. Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00 ahead of earnings.

Pinduoduo's (PDD) shares experienced a modest increase of 2 cents, or 0.02%, reaching $114.22 on July 2, 2025. This movement was accompanied by a relatively average options volume, with 57,000 contracts traded. Notably, the put-call ratio was 1.81, indicating a higher demand for put options, suggesting increased investor interest in downside protection. Implied volatility dropped by 0.36 points to 45.02, and the put-call skew steepened, further highlighting the preference for downside protection.

The current options market sentiment reflects a 50% probability of a move greater than 0.0% or $0.00 ahead of the company's earnings report. This suggests a cautious but moderately bullish outlook, with investors taking a balanced approach to potential risks and rewards.

References:
[1] https://www.tipranks.com/news/the-fly/moderately-bullish-activity-in-pinduoduo-with-shares-up-0-65-thefly
[2] https://www.tipranks.com/news/the-fly/moderately-bullish-activity-in-pinduoduo-with-shares-up-0-75-thefly