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JD.com call volume above normal and directionally bullish

Bullish option flow detected in JD.com (JD) with 14,099 calls trading, 1.2x expected, and implied vol increasing over 4 points to 58.55%. Jun-25 31 puts and Jun-25 35 calls are the most active options, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 0.47. Earnings are expected on May 15th.

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