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Tencent call volume above normal and directionally bullish
The Fly

Tencent call volume above normal and directionally bullish

Bullish option flow detected in Tencent with 11,533 calls trading, 6x expected, and implied vol increasing almost 12 points to 69.91%. Jan-25 17 calls and Dec-24 14 calls are the most active options, with total volume in those strikes near 6,700 contracts. The Put/Call Ratio is 0.05. Earnings are expected on November 12th.

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