Alibaba call volume above normal and directionally bullish

Bullish option flow detected in Alibaba with 47,240 calls trading, 1.2x expected, and implied vol increasing over 1 point to 50.38%. Feb-23 105 calls and Mar-23 110 calls are the most active options, with total volume in those strikes near 13,400 contracts. The Put/Call Ratio is 0.38. Earnings are expected on February 23rd.