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Baidu call volume above normal and directionally bullish

Bullish option flow detected in Baidu with 36,485 calls trading, 7x expected, and implied vol increasing over 2 points to 35.59%. 9/27 weekly 94 calls and 9/27 weekly 95 calls are the most active options, with total volume in those strikes near 11,500 contracts. The Put/Call Ratio is 0.10. Earnings are expected on November 26th.

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