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JD.com call volume above normal and directionally bullish

Bullish option flow detected in JD.com (JD) with 164,348 calls trading, 5x expected, and implied vol increasing over 3 points to 38.28%. Jan-26 40 calls and Oct-25 35 calls are the most active options, with total volume in those strikes near 77,000 contracts. The Put/Call Ratio is 0.10. Earnings are expected on November 13th.

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