Bullish flow in JD.com with shares up 0.61%

Bullish flow in JD.com (JD), with shares up 20c, or 0.61%, near $32.84. Options volume relatively light with 21k contracts traded and calls leading puts for a put/call ratio of 0.32, compared to a typical level near 0.44. Implied volatility (IV30) is higher by 2.8 points near 36.06,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.75. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Neutral at Arete.