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Tencent call volume above normal and directionally bullish

Tencent call volume above normal and directionally bullish

Bullish option flow detected in Tencent with 5,478 calls trading, 2x expected, and implied vol increasing almost 4 points to 54.34%. Oct-24 14 calls and Nov-24 13 calls are the most active options, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 0.08. Earnings are expected on November 12th.

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