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MongoDB call volume above normal and directionally bullish

Bullish option flow detected in MongoDB with 8,785 calls trading, 2x expected, and implied vol increasing over 2 points to 94.71%. Jan-24 570 calls and Jan-24 600 calls are the most active options, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 0.34. Earnings are expected on December 6th.

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Published first on TheFly

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