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Mar 17, 2024 12:57 PM

PDD Holdings Options Ahead of Earnings Long

PDD Holdings Inc.NASDAQ

Description

If you haven`t bought PDD before the previous earnings:


Then analyzing the options chain and the chart patterns of PDD Holdings prior to the earnings report this week,
I would consider purchasing the 140usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $10.75.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.



Trade closed: target reached

PDD traded at 148.15after earnings. The calls were profitable, but I hadn't mentioned the options chain back then.
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