PDD Options Review, 4 Fresh Ideas

Pinduoduo Options Recap:

With the holiday season upon us, it’s going to begin to become more of a struggle in terms of our typical tactics of trading options on the heels of big name earnings reports. But rest assured, we’re still going to keep our noses to the grindstone just like we always do, looking for interesting technical setups, Form-4 alerts, big news, and more.

Yesterday’s quick strike target was the sole earnings reporter of the day to catch our fancy, Chinese online retail giant, Pinduoduo. We targeted the PDD Weekly $73-76 Calls and those contracts all posted notable intraday moves for us, and with the activity we’re seeing in the premarket, we will be expecting to have to return to these targets tomorrow to report further increases.

PDD Weekly $73-76 Calls
3.00-4.55 (+52%)
$74: 2.51-3.90 (+55%)
$75: 2.08-3.35 (+61%)
$76: 1.69-2.80 (+66%)

Fresh Options Ideas:
YY Weekly $28-29 Calls
BILI Weekly $13-14 Calls
AZEK 12/16 $17.50-15 Puts
HIBB 12/16 $65-60 Puts

Cosmos Holdings Inc. COSM – OTC Recap:

We also wanted to do another update on COSM, a stock which has been appearing in our extended watchlists regularly since October 26th. In this span of just over a month, we’ve seen an incredible run that just keeps going. From our initially observed low of .0675, the high we’ve seen in the premarket this morning at .8864 marks an astonishing 1213%

Extended Watchlist: