Weibo call volume above normal and directionally bullish

Bullish option flow detected in Weibo with 2,731 calls trading, 1.5x expected, and implied vol increasing almost 8 points to 106.75%. Jul-24 9.2 calls and Jan-25 10.87 puts are the most active options, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 0.10. Earnings are expected on August 22nd.