JD.com call volume above normal and directionally bullish

Bullish option flow detected in JD.com with 12,613 calls trading, 1.0x expected, and implied vol increasing almost 2 points to 48.85%. Jun-23 40 calls and Jun-23 60 calls are the most active options, with total volume in those strikes near 4,900 contracts. The Put/Call Ratio is 0.33. Earnings are expected on May 17th.