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Peloton Interactive call volume above normal and directionally bullish

Bullish option flow detected in Peloton (PTON) Interactive with 48,553 calls trading, 3x expected, and implied vol increasing almost 2 points to 91.58%. Jan-26 10 calls and 10/3 weekly 9.5 calls are the most active options, with total volume in those strikes near 17,600 contracts. The Put/Call Ratio is 0.13. Earnings are expected on October 30th.

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