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Bilibili call volume above normal and directionally bullish

Bullish option flow detected in Bilibili (BILI) with 24,371 calls trading, 3x expected, and implied vol increasing almost 6 points to 78.66%. Mar-25 22 calls and Mar-25 30 calls are the most active options, with total volume in those strikes near 9,600 contracts. The Put/Call Ratio is 0.03. Earnings are expected on February 20th.

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