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Bilibili call volume above normal and directionally bullish

Bullish option flow detected in Bilibili (BILI) with 23,431 calls trading, 3x expected, and implied vol increasing almost 3 points to 71.86%. Apr-25 27 calls and Mar-25 17 puts are the most active options, with total volume in those strikes near 13,800 contracts. The Put/Call Ratio is 0.20. Earnings are expected on March 13th.

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