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Okta call volume above normal and directionally bullish
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Okta call volume above normal and directionally bullish

Bullish option flow detected in Okta with 5,019 calls trading, 4x expected, and implied vol increasing almost 2 points to 61.53%. 11/3 weekly 75 calls and 11/3 weekly 71 calls are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.05. Earnings are expected on November 29th.

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