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Baidu call volume above normal and directionally bullish

Bullish option flow detected in Baidu with 14,405 calls trading, 1.1x expected, and implied vol increasing almost 3 points to 57.65%. Nov-24 120 calls and 10/11 weekly 149 calls are the most active options, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 0.29. Earnings are expected on November 26th.

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