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PDD Holdings Inc. options tape

PDD Holdings closed at $79.40. Option traders hold the most calls at $80 and the most puts at $80, and the options price a move of about 2.8% either way by 13 November 2026.

Put/call, open contracts0.71more calls open than puts
Priced move±2.8%by 13 Nov 2026
30-day implied volatility41.1%a yearly rate
Most calls · most puts$80 · $80+1% and +1% from the price
New to this? How to read this page
  1. Open contracts (open interest) are option contracts bought and not yet closed. A call gains if the price rises past its strike; a put gains if it falls below.
  2. Put/call above 1 means more puts are open than calls. Many holders buy puts as insurance, so a high ratio is not always a bet against the stock.
  3. Priced move is how far the options say the price could move, up or down, by an expiry date.
  4. These describe positions people hold today. They are not a forecast.

Where the open contracts sit

next 90 days

Most calls sit at $80, 1% above the price; most puts at $80, 1% above it.

PutsCallsPrice $79.40

Each row is a strike price, highest at the top. Calls to the right, puts to the left, every expiry in the next 90 days added up. The dashed line is the price; the darkest bars hold the most contracts.

Expiry by expiry

nearest first

The options price a move of about ±2.8% by 13 Nov 2026 and ±9.3% by 11 Dec 2026.

13 Nov±2.8%in 3 daysIV 38% · 18.2K open
20 Nov±5.6%in 10 daysIV 43% · 90.5K open
27 Nov±8.1%in 17 daysIV 47% · 13.5K open
4 Dec±8.2%in 24 daysIV 40% · 7.2K open
11 Dec±9.3%in 31 daysIV 40% · 2.2K open
18 Dec±10.1%in 38 daysIV 39% · 195K open
24 Dec±11.2%in 44 daysIV 40% · 186 open
15 Jan±12.0%in 66 daysIV 35% · 326K open

Each box is one expiry date. The large figure is the move the options price by then: the at-the-money call and put together as a share of the price. The bar splits the open contracts into calls (blue) and puts (orange); the outlined box holds the most.

Contracts that traded far more than usual

5 contracts traded at least twice the contracts open before the day. The largest: $386,058 on the 27 November 2026 put at $78.00.

Put5.2 times the open contracts
27 November 2026 put at $78.00$386,058

1,739 traded against 336 open before the day

Put9.5 times the open contracts
4 December 2026 put at $79.00$240,166

771 traded against 81 open before the day

Call3.3 times the open contracts
20 November 2026 call at $83.00$91,982

814 traded against 249 open before the day

Call12.4 times the open contracts
4 December 2026 call at $80.00$79,768

236 traded against 19 open before the day

Call3.2 times the open contracts
4 December 2026 call at $83.00$58,435

290 traded against 92 open before the day

A contract appears when the day's volume was at least twice the open contracts before the day, with at least $25,000 traded. Fresh buying of this size is one way to spot a new bet.

How it compares

every company on the site

    The bar ranks every company on the site from the lowest on the left to the highest on the right, in three equal thirds; the small figures under it are the values where each third starts, and the black tick is the middle company. The orange dot is this company; the grey ticks are the other companies in its industry (hover or tap for names). A hatched block is companies tied at none.

    The day's figures as tables

    Where the open interest sits

    SideStrikeOpen interest
    Calls$80.0053,115
    Puts$80.0060,910

    The strike with the most open interest on each side, across expiries within 90 days.

    Strikes where the day's volume was at least twice the open interest

    ContractVolumeOpen interest beforePremium traded
    27 November 2026 put at $78.001,739336$386,058
    4 December 2026 put at $79.0077181$240,166
    20 November 2026 call at $83.00814249$91,982
    4 December 2026 call at $80.0023619$79,768
    4 December 2026 call at $83.0029092$58,435
    Volume of at least 200 contracts and at least twice the open interest, with at least $25,000 of premium at the mid; contracts expiring the same day are left out.
    Read morePremium is mid price times volume times 100.

    Open interest built since the 9 November 2026 close

    ContractOpen interest nowChange
    4 December 2026 call at $85.002,402+2,291
    27 November 2026 put at $80.004,805+2,028
    13 November 2026 put at $80.002,639+569
    20 November 2026 call at $81.00546+443
    18 December 2026 call at $85.006,000+431
    15 January 2027 call at $90.0010,017+359
    20 November 2026 put at $80.0010,936+294
    13 November 2026 put at $79.00666+268

    Contracts whose open interest rose by 250 or more against the session before.

    Updated after each US market close. Figures describe positioning; they are not a forecast.