Check Out What Whales Are Doing With PDD - PDD Holdings (NASDAQ:PDD)

Group 1 - Financial giants have shown a bearish sentiment towards PDD Holdings, with 82% of traders indicating bearish tendencies and only 17% being bullish [1] - A total of 28 unusual trades were identified, with 26 being puts valued at $6,564,377 and 2 calls valued at $148,058 [1] - The predicted price range for PDD Holdings is between $110.0 and $170.0, as observed in the options trading activity over the past quarter [2] Group 2 - The mean open interest for PDD Holdings options trades is 11,149.67, with a total volume of 18,805.00 [3] - Noteworthy options activity indicates a strong bearish sentiment, with multiple put options trades executed at a strike price of $170.00 [6] - The current market status shows PDD Holdings trading at $120.72, down -0.21%, with the next earnings expected in 70 days [9] Group 3 - PDD Holdings operates globally in over 80 countries, primarily through its platforms Pinduoduo and Temu, along with a community group purchase business in China [7] - An industry analyst has set an average target price of $170.0 for PDD Holdings, maintaining a Buy rating [8]