Pinduoduo Inc. ($PDD) has seen a significant surge in its stock price, rising from $90 to $124, with speculation of a further increase to $139. This rise follows a notable drop in earnings, after which the stock has roundtripped up by 58%. The increase has been attributed to anticipated support from the Chinese government and sneaky flow. Large trades have been observed, including 34,000 January 2026 $95 calls, resulting in $150 million in trading profits from late August purchases. Additionally, 15,000 January 2026 $95 calls have been closed with massive profits from buys made on August 30 and September 3, with a potential gapfill to $139.