PDD (PDD) Options Chain

NASDAQ: PDDConsumer DiscretionaryBusiness ServicesUSD

81.35+3.09 (+3.95%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $81.35
Put/call ratio (OI): 1.09
Put/call ratio (volume): 0.13
ATM implied volatility: 38.6%
Expected move: ±$10.41
Open interest (C / P): 34.52K / 37.73K

PDD options summary

The PDD options chain for the November 20, 2026 expiration lists 23 call and 21 put contracts, with 40 days until expiration. Open interest stands at 34,520 calls and 37,733 puts, a put/call ratio of 1.09, which is fairly balanced between calls and puts. At-the-money implied volatility near the $80.00 strike is 38.6%, which implies the market expects a move of about ±$10.41 (12.8%) in PDD stock by expiration.

The most open interest sits at the $90.00 call (6.31K contracts) and the $80.00 put (8.91K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

PDD options chain · November 20, 2026

PDD calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
—	—	—	38.59	—	—	40.00	0.00	0.34	0.05	107.2%	1	1,000
—	—	—	—	—	—	45.00	0.01	0.08	0.03	75.4%	2	8
5	2	126.6%	31.44	29.65	32.95	50.00	0.01	0.21	0.08	71.5%	1	29
17	17	73.7%	24.04	25.45	28.00	55.00	0.01	0.28	0.10	61.7%	1	41
67	10	70.3%	17.80	20.60	23.55	60.00	0.13	0.21	0.15	51.2%	12	2,859
30	20	56.8%	16.00	15.65	18.60	65.00	0.25	0.31	0.29	44.9%	39	3,034
154	60	56.7%	9.36	11.70	13.05	70.00	0.57	0.68	0.65	40.8%	98	4,843
1,183	66	47.4%	8.05	7.80	8.70	75.00	1.35	1.55	1.51	38.2%	115	8,020
3,150	5,177	40.8%	4.90	4.80	5.05	80.00	3.00	3.25	3.18	36.5%	593	8,906
PDD $81.35
5,342	485	39.4%	2.63	2.53	2.74	85.00	5.75	5.95	6.07	35.1%	45	5,466
6,308	1,328	38.5%	1.32	1.20	1.33	90.00	8.75	10.05	9.83	39.4%	1	2,637
2,343	193	39.3%	0.61	0.53	0.65	95.00	13.60	14.65	14.30	44.9%	20	848
4,629	282	41.2%	0.29	0.25	0.35	100.00	16.80	20.70	22.10	69.0%	2	5
3,842	5	43.4%	0.19	0.13	0.20	105.00	22.40	24.90	27.35	66.8%	50	0
2,253	10	49.1%	0.12	0.02	0.19	110.00	27.40	30.65	29.90	55.9%	2	0
2,904	1	50.6%	0.17	0.02	0.21	115.00	32.40	35.65	31.00	62.1%	10	0
261	8	54.6%	0.10	0.00	0.20	120.00	37.45	40.65	34.35	68.8%	6	0
385	1	55.5%	0.10	0.02	0.10	125.00	39.80	43.70	46.03	54.3%	1	0
412	2	62.5%	0.10	0.00	0.17	130.00	44.85	48.70	50.39	58.6%	2	0
93	1	74.0%	0.05	0.00	0.36	135.00	50.20	53.00	55.95	—	1	0
71	30	77.9%	0.16	0.00	0.35	140.00	43.60	46.80	39.85	—	—	37
74	20	82.0%	0.05	0.00	0.35	145.00	—	—	—	—	—	—
818	2	75.0%	0.04	0.00	0.12	150.00	—	—	—	—	—	—
179	2	91.0%	0.19	0.00	0.39	155.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the PDD put/call ratio?

For the November 20, 2026 expiration, the PDD put/call ratio based on open interest is 1.09 (37,733 puts vs 34,520 calls), and 0.13 based on today's volume. A ratio above 1 means more puts than calls.

What is PDD's implied volatility?

At-the-money implied volatility for PDD options expiring November 20, 2026 is about 38.6%, an annualized estimate of how much the market expects PDD stock to move.

How many PDD option expiration dates are there?

PDD has 14 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.