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Pac Bio call volume above normal and directionally bullish

Bullish option flow detected in Pac Bio with 2,333 calls trading, 1.2x expected, and implied vol increasing over 1 point to 88.32%. Mar-24 6 calls and Mar-24 5 puts are the most active options, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 0.14. Earnings are expected on May 2nd.

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