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: Jan 21, 2028
Days to expiration: 469
Share price: $81.35
Put/call ratio (OI): 0.33
Put/call ratio (volume): 0.50
ATM implied volatility: 43.5%
Expected move: ±$40.09
Open interest (C / P): 68.94K / 23.00K

PDD options summary

The PDD options chain for the January 21, 2028 expiration lists 33 call and 33 put contracts, with 469 days until expiration. Open interest stands at 68,942 calls and 23,000 puts, a put/call ratio of 0.33, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $80.00 strike is 43.5%, which implies the market expects a move of about ±$40.09 (49.3%) in PDD stock by expiration.

The most open interest sits at the $85.00 call (12.90K contracts) and the $80.00 put (3.36K contracts).

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

PDD options chain · January 21, 2028

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
34	1	64.2%	44.50	44.10	45.55	40.00	0.73	1.07	1.00	45.1%	101	274
330	5	58.2%	37.52	39.25	41.25	45.00	1.28	1.75	1.67	44.4%	6	385
634	7	58.1%	36.88	36.35	37.25	50.00	2.00	2.49	2.47	42.7%	5	398
727	10	52.9%	27.85	31.45	33.35	55.00	2.81	3.50	3.55	41.4%	957	1,691
1,974	2	52.8%	28.73	28.70	29.95	60.00	3.85	4.45	4.47	39.1%	101	1,911
397	4	50.7%	25.25	25.00	26.85	65.00	5.40	5.70	5.60	37.2%	22	1,793
1,199	15	49.9%	22.95	22.35	23.10	70.00	7.05	7.30	7.35	35.8%	4	2,335
1,619	4	49.7%	19.40	19.25	20.70	75.00	8.00	9.95	9.86	36.7%	1	2,558
1,937	2	50.3%	17.39	15.90	18.80	80.00	11.25	12.60	11.65	36.6%	2	3,356
PDD $81.35
12,899	1	46.4%	14.94	14.65	15.50	85.00	13.75	15.10	14.28	35.3%	103	1,312
1,661	4	46.1%	12.80	13.05	13.65	90.00	16.80	17.25	17.60	32.4%	81	1,398
704	2	45.5%	10.40	11.15	11.90	95.00	20.00	22.50	20.20	37.2%	7	761
4,711	1,086	45.0%	9.80	9.80	10.35	100.00	23.45	24.15	26.00	31.3%	1	1,548
1,244	1	44.1%	8.55	8.50	8.85	105.00	27.15	27.80	28.10	30.2%	3	340
2,169	447	43.8%	7.70	6.40	7.70	110.00	30.60	31.75	32.45	29.4%	2	380
3,979	1	45.5%	5.80	5.85	7.35	115.00	34.05	37.05	37.15	32.9%	5	131
3,224	317	44.0%	5.65	5.55	6.05	120.00	37.50	41.90	45.20	34.7%	8	1,079
1,435	350	43.8%	4.95	4.85	5.25	125.00	43.75	46.50	46.65	35.2%	1	950
1,248	612	43.3%	4.31	4.20	4.50	130.00	46.60	51.50	49.50	37.2%	235	332
1,305	1	43.6%	2.95	3.30	4.05	135.00	53.15	56.00	56.40	36.9%	1	0
970	400	43.4%	3.30	2.84	3.50	140.00	57.00	61.00	61.69	38.6%	1	0
220	4	44.9%	2.69	2.34	3.45	145.00	60.50	65.50	54.74	37.7%	1	44
4,653	30	46.1%	2.30	2.56	3.35	150.00	66.00	71.00	72.00	41.7%	1	0
2,467	6	46.3%	2.17	1.58	3.05	155.00	67.60	70.95	72.80	—	4	0
1,114	5	45.0%	1.90	1.72	2.46	160.00	76.00	81.00	77.40	44.6%	2	0
285	6	46.0%	1.68	1.36	2.37	165.00	0.00	0.00	73.95	—	2	0
1,097	4	45.2%	1.50	1.38	1.99	170.00	72.50	77.50	68.65	—	2	20
133	6	45.4%	1.61	1.41	1.81	175.00	89.50	94.00	95.00	33.6%	1	1
1,877	2	45.1%	1.20	1.11	1.57	180.00	0.00	0.00	78.54	—	1	0
3,404	6	46.2%	1.29	1.14	1.57	185.00	0.00	0.00	102.50	—	1	0
200	2	46.6%	1.12	0.90	1.47	190.00	0.00	0.00	108.08	—	20	0
1,054	1	45.8%	1.03	0.79	1.21	195.00	91.85	94.15	82.00	—	1	3
8,038	59	47.2%	0.90	0.80	1.27	200.00	117.00	121.00	122.20	54.0%	5	0

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 January 21, 2028 expiration, the PDD put/call ratio based on open interest is 0.33 (23,000 puts vs 68,942 calls), and 0.50 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 January 21, 2028 is about 43.5%, 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.