Power Plays Options
New Idea: PDD Calls
February 10, 2025
By Scott Redler
Alibaba (BABA) was the biggest win in the history of Power Plays Options and I want go back to the China well -- but with PDD Holdings (PDD).
So I'm adding this position to Power Plays Options.
- Long PDD February 28 $120 Calls
These calls look good in the $4 to $4.50 range (or lower).
PDD Holdings is the owner of Temu and Pinduoduo, which are both leading China eCommerce properties.
This stock is in breakout mode which I expect to continue as more traders crowd into the resurgent China trade.
-Scott
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