Bullish option flow detected in Alibaba with 50,406 calls trading, 2x expected, and implied vol increasing almost 2 points to 34.09%. 11/24 weekly 80 calls and 11/24 weekly 78 calls are the most active options, with total volume in those strikes near 11,200 contracts. The Put/Call Ratio is 0.24. Earnings are expected on February 22nd.
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