Bullish option flow detected in Melco Resorts with 13,028 calls trading, 7x expected, and implied vol increasing almost 2 points to 55.48%. Jan-24 7 calls and Jan-24 8 calls are the most active options, with total volume in those strikes near 12,100 contracts. The Put/Call Ratio is 0.01. Earnings are expected on February 29th.
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