Pinduoduo Earnings Ahead: Mixed Options Sentiment and Down 0.47%

Pinduoduo (PDD) shares are down 0.47% at $117.78, with mixed options sentiment. Options volume is near average with calls leading puts for a put/call ratio of 0.47. Implied volatility dropped 1.01 to 44.77, indicating an expected daily move of $3.32. Put-call skew steepened, suggesting increased demand for downside protection. Option markets price a 50% probability of a move greater than 8.35% or $9.83 ahead of earnings on August 25.

Pinduoduo (PDD) shares have seen a mixed sentiment among options traders, with the stock down 0.47% at $117.78. The options volume is near average, with 34,000 contracts traded, and calls leading puts with a put/call ratio of 0.47, compared to a typical level near 0.71 [2]. Implied volatility (IV30) has dropped by 1.01 to 44.77, indicating an expected daily move of $3.32. The put-call skew has steepened, suggesting increased demand for downside protection [2].

Looking ahead, Pinduoduo (PDD) will report earnings before the open on August 25, 2025. Option markets are pricing in a 50% probability of a move greater than 8.35% or $9.83, reflecting the uncertainty surrounding the company's earnings report [2].

References:
[1] https://www.nasdaq.com/articles/earnings-preview-pdd-holdings-inc-sponsored-adr-pdd-q2-earnings-expected-decline
[2] https://www.tipranks.com/news/the-fly/mixed-options-sentiment-in-pinduoduo-with-shares-down-0-47-thefly