On November 18, Eastern Time, PDD options saw a total of 154279 contracts traded, with calls accounting for 56% and puts making up 43%.
PDD has 1448072 contracts outstanding, with calls accounting for 54% and puts making up 45%.
The top volume gainer was the 120 dollars Put option expiring on November 21, 2025, with 6691 contracts traded.
On the news front, Based on recent key news:

1. Nov 18, PDD Holdings reported a 9% revenue increase for Q3, missing analyst expectations slightly. Despite a 17% rise in net income, the cautious outlook on future growth due to intense competition and regulatory challenges led to a negative market reaction. Source: Reuters

2. Nov 18, PDD's management expressed concerns over future financial fluctuations amid increased investments and a competitive e-commerce landscape, which contributed to investor apprehension. Source: PDD Holdings SEC 6-K

3. Nov 18, the broader market was affected by a downturn in tech stocks due to AI valuation concerns, impacting PDD's stock as part of the tech sector. Source: ReutersTech sector faces AI valuation concerns.
Please note: The chart below does not include options expiring within five days.
<img src="https://assets.lbctrl.com/h5hub/optrank/images/2025-11-19/ST_US_PDD_en.png" alt="image" original-src="https://assets.lbctrl.com/h5hub/optrank/images/2025-11-19/ST_US_PDD_en.png"/>

On November 18, Eastern Time, PDD options saw a total of 154279 contracts traded, with calls accounting for 56% and puts making up 43%.

- On November 18, Pinduoduo's total options trading reached 154,279 contracts, with call options at 56% and put options at 43%.  
- The company reported Q3 revenue of 108.28 billion yuan, below market expectations, leading to a decline in stock price, despite a net profit exceeding forecasts.  
- Management expressed cautious growth outlook due to a weak Chinese consumer market and competitive pressures, while a global service disruption heightened concerns for tech stocks, further impacting Pinduoduo's performance.

Trending | PDD Plummets 7% on Tuesday, Some Put options Soar 122%