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Burlington Stores call volume above normal and directionally bullish
The Fly

Burlington Stores call volume above normal and directionally bullish

Bullish option flow detected in Burlington Stores with 6,452 calls trading, 3x expected, and implied vol increasing almost 6 points to 46.97%. Feb-24 200 calls and Mar-24 155 puts are the most active options, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 0.47. Earnings are expected on February 29th.

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