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Bilibili call volume above normal and directionally bullish

Bullish option flow detected in Bilibili with 5,514 calls trading, 1.5x expected, and implied vol increasing over 1 point to 79.14%. Dec-23 40 calls and 8/25 weekly 18.5 calls are the most active options, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 0.27. Earnings are expected on August 17th.

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