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Bilibili call volume above normal and directionally bullish

Bullish option flow detected in Bilibili with 13,392 calls trading, 1.2x expected, and implied vol increasing almost 4 points to 96.98%. Jul-24 19 calls and Jul-24 20 calls are the most active options, with total volume in those strikes near 3,800 contracts. The Put/Call Ratio is 0.26. Earnings are expected on May 23rd.

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