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Futu Holdings call volume above normal and directionally bullish

Bullish option flow detected in Futu Holdings with 5,069 calls trading, 1.9x expected, and implied vol increasing almost 2 points to 50.20%. 4/5 weekly 60 calls and 3/28 weekly 52 puts are the most active options, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 0.58. Earnings are expected on May 23rd.

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