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JD.com call volume above normal and directionally bullish

Bullish option flow detected in JD.com (JD) with 18,233 calls trading, 1.6x expected, and implied vol increasing almost 2 points to 59.00%. 4/25 weekly 35 calls and 5/23 weekly 40 calls are the most active options, with total volume in those strikes near 4,200 contracts. The Put/Call Ratio is 0.16. Earnings are expected on May 15th.

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