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Trip.com call volume above normal and directionally bullish

Bullish option flow detected in Trip.com (TCOM) with 5,111 calls trading, 3x expected, and implied vol increasing over 1 point to 43.86%. Mar-25 75 calls and Mar-25 70 calls are the most active options, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 0.20. Earnings are expected on May 19th.

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