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Peloton Interactive call volume above normal and directionally bullish

Bullish option flow detected in Peloton (PTON) Interactive with 108,332 calls trading, 16x expected, and implied vol increasing over 12 points to 75.29%. Jul-25 7 calls and Jun-25 8 calls are the most active options, with total volume in those strikes near 84,500 contracts. The Put/Call Ratio is 0.06. Earnings are expected on August 28th.

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