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Activision Blizzard call volume above normal and directionally bullish

Bullish option flow detected in Activision Blizzard with 17,819 calls trading, 5x expected, and implied vol increasing over 4 points to 33.53%. Dec-22 80 calls and Jan-23 75 calls are the most active options, with total volume in those strikes near 14,300 contracts. The Put/Call Ratio is 0.32. Earnings are expected on February 6th.

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Published first on TheFly

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