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Bilibili call volume above normal and directionally bullish

Bullish option flow detected in Bilibili (BILI) with 12,815 calls trading, 2x expected, and implied vol increasing over 2 points to 55.11%. Jan-26 21 calls and Sep-25 20 calls are the most active options, with total volume in those strikes near 9,500 contracts. The Put/Call Ratio is 0.19. Earnings are expected on August 21st.

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