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XPeng call volume above normal and directionally bullish

Bullish option flow detected in XPeng with 170,645 calls trading, 12x expected, and implied vol increasing almost 23 points to 102.68%. Aug-23 20 calls and 7/28 weekly 20 calls are the most active options, with total volume in those strikes near 40,500 contracts. The Put/Call Ratio is 0.30. Earnings are expected on August 23rd.

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