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Alibaba call volume above normal and directionally bullish
The Fly

Alibaba call volume above normal and directionally bullish

Bullish option flow detected in Alibaba (BABA) with 68,356 calls trading, 1.5x expected, and implied vol increasing over 2 points to 33.28%. Jan-25 90 calls and Jan-27 90 calls are the most active options, with total volume in those strikes near 8,000 contracts. The Put/Call Ratio is 0.18. Earnings are expected on February 6th.

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