PDD Holdings Inc. (PDD) Options Volume

63,156 PDD Holdings Inc. (PDD) option contracts changed hands in the latest session, at a put/call volume ratio of 0.81. This page tracks how actively PDD options trade — contracts and dollars — and flags individual contracts running far above their own 30-day average volume.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$87.45
52-week range
$73.40 – $138.13
ATM IV (30d)
43.6%
IV rank
14 / 100
Low
Expected move
±$8.47 (±9.7%)
Put/call OI
0.72
Call-heavy
Max pain
$90
↑ 2.9% above close

Options Volume & Premium Flow

Total options volume63,156
Call volume34,904
Put volume28,252
Put/call volume ratio0.81
Listed contracts956
Call premium traded$5.56M
Put premium traded$5.88M
Premium put/call ratio1.06
Open interest rank (31 day)35 / 100
Skew rank (31 day)28 / 100

PDD Options Volume Trend

0107.1K214.2K321.3K428.5KFeb '26May '26Aug '26

PDD total options volume per session, past year.

0.001.543.074.616.15Feb '26May '26Aug '26

PDD put/call volume ratio, past year.

PDD Unusual Options Activity

Contracts trading at least 3× their own 30-day average volume (minimum 500 contracts):

ContractExpirationLastIV Open interestVolumevs 30d avg
PDD $100 call Aug 28, 2026 $0.04 9,394 5,243 55.5× avg
PDD $87 put Aug 28, 2026 $1.55 43.0% 3,483 4,155 6.1× avg
PDD $90 call Sep 18, 2026 $2.05 0.0% 22,195 3,455 36.7× avg
PDD $89 call Aug 28, 2026 $0.88 45.1% 661 3,011 4.5× avg
PDD $88 put Aug 28, 2026 $2.06 41.0% 1,027 2,392 3.5× avg
PDD $89 put Aug 28, 2026 $2.70 95.9% 1,109 1,823 12.6× avg
PDD $95 call Aug 28, 2026 $0.13 0.0% 2,453 1,703 8.4× avg

With a put/call volume ratio of 0.81, today's trading is roughly balanced between calls and puts. Measured in dollars rather than contracts, $5.56M of call premium and $5.88M of put premium changed hands — the larger premium flow is on the put side. 7 contracts are trading at least three times their own 30-day average volume — activity worth a closer look.

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PDD Options FAQ

How many PDD options traded today?

63,156 PDD option contracts traded as of Aug 24, 2026 — 34,904 calls and 28,252 puts.

Is there unusual options activity in PDD today?

Yes — 7 contracts are trading at least three times their 30-day average volume as of Aug 24, 2026. OptiView flags a contract as unusual when today's volume runs at 3× its own average with at least 500 contracts traded.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.