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JD.com call volume above normal and directionally bullish

Bullish option flow detected in JD.com (JD) with 64,610 calls trading, 1.3x expected, and implied vol increasing over 8 points to 40.79%. Jan-27 70 calls and Jun-25 37.5 puts are the most active options, with total volume in those strikes near 34,400 contracts. The Put/Call Ratio is 0.41. Earnings are expected on August 14th.

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