This unusual options alert can help traders track potentially big trading opportunities. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Unusual trading activity could push option prices to hyperbolic or underperforming levels.
Shares of Pinduoduo (NASDAQ:PDD) saw some unusual options activity on Thursday. Following the unusual option alert, the stock price moved up to $110.85.
Shares of several China-based companies, including Pinduoduo (NASDAQ: PDD) are trading higher following data showing year-over-year growth in retail sales for the month of June.
In June, Chinese retail sales grew 12.1% from last year, while GPD grew by 7.9%.
This unusual options alert can help traders discover the next big trading opportunities. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. Unusual trading activity could push option prices to exaggerated or underestimated levels.