PDD Bearish Butterfly

Disclaimer: This information is for educational purposes only and should not be treated as investment advice. The strategy presented would not be suitable for investors who are not familiar with exchange traded options. Any readers interested in this strategy should do their own research and seek advice from a licensed financial adviser.

June 5th, 2024 – PDD Bearish Butterfly – Opening Trade

June 12th, 2024 – PDD Bearish Butterfly – First Scale In

BEFORE:

AFTER:

June 24th, 2024 – PDD Bearish Butterfly – Close Out

PDD has come right back into the centre of our butterfly and we’re sitting on a roughly 12% gain, so let’s close this one out.