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Pony AI Inc (ADR) call volume above normal and directionally bullish

Bullish option flow detected in Pony AI (PONY) Inc (ADR) with 19,378 calls trading, 1.9x expected, and implied vol increasing almost 10 points to 105.23%. Jul-25 14 calls and Aug-25 15 calls are the most active options, with total volume in those strikes near 7,000 contracts. The Put/Call Ratio is 0.43. Earnings are expected on August 19th.

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