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Baidu call volume above normal and directionally bullish

Bullish option flow detected in Baidu (BIDU) with 12,607 calls trading, 1.1x expected, and implied vol increasing almost 2 points to 44.31%. Jun-25 105 calls and Jun-25 80 puts are the most active options, with total volume in those strikes near 4,500 contracts. The Put/Call Ratio is 0.48. Earnings are expected on May 21st.

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