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Futu Holdings call volume above normal and directionally bullish

Bullish option flow detected in Futu Holdings with 7,485 calls trading, 4x expected, and implied vol increasing over 1 point to 49.84%. 2/9 weekly 50 calls and Feb-24 51 calls are the most active options, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 0.21. Earnings are expected on March 28th.

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