Weibo call volume above normal and directionally bullish

Bullish option flow detected in Weibo with 18,665 calls trading, 6x expected, and implied vol increasing almost 2 points to 75.27%. Oct-24 11.7 calls and 11/1 weekly 14 calls are the most active options, with total volume in those strikes near 4,200 contracts. The Put/Call Ratio is 0.03. Earnings are expected on November 7th.