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Bilibili call volume above normal and directionally bullish

Bullish option flow detected in Bilibili with 1,538 calls trading, 1.4x expected, and implied vol increasing almost 3 points to 70.64%. Jul-23 31 calls and 5/5 weekly 20 calls are the most active options, with total volume in those strikes near 820 contracts. The Put/Call Ratio is 0.18. Earnings are expected on May 10th.

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