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Bilibili call volume above normal and directionally bullish

Bullish option flow detected in Bilibili (BILI) with 20,614 calls trading, 4x expected, and implied vol increasing over 5 points to 70.38%. 8/29 weekly 27.5 calls and 8/22 weekly 24 puts are the most active options, with total volume in those strikes near 10,900 contracts. The Put/Call Ratio is 0.28. Earnings are expected on August 21st.

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