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Trip.com call volume above normal and directionally bullish

Bullish option flow detected in Trip.com with 7,820 calls trading, 3x expected, and implied vol increasing over 1 point to 69.14%. Nov-22 30 calls and Nov-22 31 calls are the most active options, with total volume in those strikes near 5,500 contracts. The Put/Call Ratio is 0.21. Earnings are expected on December 15th.

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Published first on TheFly

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