Bullish option flow detected in Peloton Interactive with 24,943 calls trading, 1.5x expected, and implied vol increasing almost 13 points to 96.56%. 10/6 weekly 5.5 calls and 10/6 weekly 5 puts are the most active options, with total volume in those strikes near 10,000 contracts. The Put/Call Ratio is 0.35. Earnings are expected on November 2nd.
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