Bullish option flow detected in PacWest Bancorp with 8,908 calls trading, 4x expected, and implied vol increasing almost 19 points to 226.24%. Mar-23 11 calls and Mar-23 8.5 puts are the most active options, with total volume in those strikes near 3,900 contracts. The Put/Call Ratio is 0.53. Earnings are expected on April 20th.
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Published first on TheFly
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