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Overstock com call volume above normal and directionally bullish

Bullish option flow detected in Overstock com with 1,108 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 69.36%. 1/6 weekly 20 calls and Mar-23 35 calls are the most active options, with total volume in those strikes near 750 contracts. The Put/Call Ratio is 0.07. Earnings are expected on February 23rd.

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Published first on TheFly

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