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JD.com call volume above normal and directionally bullish

Bullish option flow detected in JD.com with 45,890 calls trading, 1.1x expected, and implied vol increasing over 2 points to 61.35%. Jan-25 35 calls and 10/4 weekly 42 calls are the most active options, with total volume in those strikes near 17,100 contracts. The Put/Call Ratio is 0.39. Earnings are expected on November 21st.

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