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JD.com call volume above normal and directionally bullish

Bullish option flow detected in JD.com with 12,295 calls trading, 1.8x expected, and implied vol increasing over 2 points to 46.26%. Oct-23 29.5 calls and Dec-23 25 puts are the most active options, with total volume in those strikes near 3,800 contracts. The Put/Call Ratio is 0.64. Earnings are expected on November 17th.

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