Bullish option flow detected in Melco Resorts with 6,142 calls trading, 1.8x expected, and implied vol increasing over 1 point to 51.75%. Sep-23 12 calls and 9/1 weekly 12 calls are the most active options, with total volume in those strikes near 4,700 contracts. The Put/Call Ratio is 0.03. Earnings are expected on November 2nd.
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