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Coinbase call volume above normal and directionally bullish

Bullish option flow detected in Coinbase with 83,581 calls trading, 3x expected, and implied vol increasing over 3 points to 64.93%. 9/6 weekly 207.5 calls and 9/13 weekly 195 calls are the most active options, with total volume in those strikes near 34,600 contracts. The Put/Call Ratio is 0.23. Earnings are expected on October 31st.

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