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Futu Holdings call volume above normal and directionally bullish

Bullish option flow detected in Futu Holdings with 11,471 calls trading, 3x expected, and implied vol increasing almost 3 points to 48.57%. 1/26 weekly 49 calls and 1/26 weekly 50 calls are the most active options, with total volume in those strikes near 3,900 contracts. The Put/Call Ratio is 0.37. Earnings are expected on March 28th.

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