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JD.com call volume above normal and directionally bullish

Bullish option flow detected in JD.com with 98,462 calls trading, 6x expected, and implied vol increasing almost 2 points to 42.30%. 7/12 weekly 27 calls and Dec-24 25 calls are the most active options, with total volume in those strikes near 13,700 contracts. The Put/Call Ratio is 0.13. Earnings are expected on August 22nd.

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