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Futu Holdings call volume above normal and directionally bullish
The Fly

Futu Holdings call volume above normal and directionally bullish

Bullish option flow detected in Futu Holdings with 11,685 calls trading, 5x expected, and implied vol increasing over 2 points to 52.03%. Feb-24 55 calls and 1/26 weekly 47 puts are the most active options, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 0.23. Earnings are expected on March 28th.

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