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ZTO Express call volume above normal and directionally bullish

ZTO Express call volume above normal and directionally bullish

Bullish option flow detected in ZTO Express with 7,624 calls trading, 4x expected, and implied vol increasing over 4 points to 48.70%. Oct-24 31 calls and Nov-24 30 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 14th.

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