Trade Alert: Tripling Down

Taking advantage of today’s pullback in this Chinese stock.

Tripling Down

We already have two trades open on PDD (PDD 0.00%↑), including this one expiring next week:

With today’s pullback, I’ve added a third trade expiring on March 21st: buying the $155 strike calls and selling the $160 strike calls for a net debit of $1.60. The max gain on 2 contracts is $680, the max loss is $320, and the break even is with PDD at $156.6…