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BlackBerry call volume above normal and directionally bullish
The Fly

BlackBerry call volume above normal and directionally bullish

Bullish option flow detected in BlackBerry with 16,969 calls trading, 4x expected, and implied vol increasing almost 81 points to 144.22%. 9/1 weekly 5 calls and 8/25 weekly 5 calls are the most active options, with total volume in those strikes near 4,500 contracts. The Put/Call Ratio is 0.09. Earnings are expected on September 28th.

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