Power Plays Options Update
Close PDD Calls
February 18, 2025
By Scott Redler
PDD Holdings (PDD) is gapping up this morning amd we'll take this action for Power Plays Options:
- Close the final 1/3 of PDD February 28 $120 Calls
These calls are up nicely from our initiation at $4.09 on February 10.
But China as a whole is getting extended and I want to back off.
Separately, our BIDU calls are down after earnings, but we still have 2 weeks to expiration, so they may recover a bit.
-Scott
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