Bullish option flow detected in Melco Resorts with 4,693 calls trading, 1.3x expected, and implied vol increasing over 1 point to 59.54%. 1/5 weekly 9 calls and 1/5 weekly 10 calls are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.13. Earnings are expected on February 29th.
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