Deep-pocketed investors have adopted a bullish approach towards PDD Holdings PDD, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in PDD usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 22 extraordinary options activities for PDD Holdings. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 50% leaning bullish and 31% bearish. Among these notable options, 8 are puts, totaling $473,636, and 14 are calls, amounting to $2,558,627.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $60.0 and $135.0 for PDD Holdings, spanning the last three months.
Volume & Open Interest Trends
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for PDD Holdings's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of PDD Holdings's whale trades within a strike price range from $60.0 to $135.0 in the last 30 days.
PDD Holdings Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PDD | CALL | TRADE | BULLISH | 01/15/27 | $26.45 | $24.6 | $25.8 | $115.00 | $1.2M | 3.9K | 500 |
| PDD | CALL | TRADE | NEUTRAL | 02/21/25 | $3.85 | $3.65 | $3.75 | $110.00 | $187.5K | 3.8K | 1.0K |
| PDD | CALL | TRADE | BULLISH | 02/21/25 | $3.7 | $3.6 | $3.7 | $110.00 | $185.0K | 3.8K | 500 |
| PDD | CALL | TRADE | BULLISH | 02/21/25 | $3.65 | $3.6 | $3.65 | $110.00 | $182.5K | 3.8K | 2.0K |
| PDD | CALL | SWEEP | BEARISH | 02/21/25 | $3.65 | $3.6 | $3.6 | $110.00 | $180.0K | 3.8K | 1.5K |
About PDD Holdings
PDD Holdings is a multinational commerce group that owns and operates a portfolio of businesses. PDD aims to bring more businesses and people into the digital economy so that local communities and small businesses can benefit from the increased productivity and new opportunities. PDD has built a network of sourcing, logistics, and fulfillment capabilities that support its underlying businesses.
In light of the recent options history for PDD Holdings, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is PDD Holdings Standing Right Now?
- With a trading volume of 5,317,073, the price of PDD is down by -1.71%, reaching $99.27.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 89 days from now.
What The Experts Say On PDD Holdings
In the last month, 3 experts released ratings on this stock with an average target price of $145.33333333333334.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * Maintaining their stance, an analyst from Jefferies continues to hold a Buy rating for PDD Holdings, targeting a price of $171. * Reflecting concerns, an analyst from JP Morgan lowers its rating to Neutral with a new price target of $105. * Maintaining their stance, an analyst from Benchmark continues to hold a Buy rating for PDD Holdings, targeting a price of $160.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest PDD Holdings options trades with real-time alerts from Benzinga Pro.
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