Bullish option flow detected in Alibaba with 32,011 calls trading, 1.6x expected, and implied vol increasing almost 2 points to 33.59%. 8/23 weekly 85 calls and Oct-24 80 calls are the most active options, with total volume in those strikes near 7,800 contracts. The Put/Call Ratio is 0.25. Earnings are expected on November 21st.
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