Also, NTES saw significant Feb 9 Weekly Call buying yesterday with 1,000 lots going at each of the 320, 325, 330, and 340 levels.
I tend to stay at or near the money when entering Calls, especially weeklies. Not for everyone, but again, well defined risk levels right here where a "closing" break under 315 on the negates this thesis. If that happens, consider switching to Puts with initial target at $300.
Above all, know your risk, know your levels, and trade with patience, dedication, and focus.