Bullish option flow detected in Alibaba with 35,272 calls trading, 2.0x expected, and implied vol increasing over 1 point to 37.63%. Jul-24 78 calls and Jul-24 79 calls are the most active options, with total volume in those strikes near 15,700 contracts. The Put/Call Ratio is 0.13. Earnings are expected on August 8th.
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