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Pac Bio call volume above normal and directionally bullish

Bullish option flow detected in Pac Bio with 1,992 calls trading, 1.1x expected, and implied vol increasing almost 2 points to 99.93%. Jan-23 12 calls and Jan-23 10 calls are the most active options, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 0.19. Earnings are expected on February 15th.

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Published first on TheFly

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