Bullish option flow detected in Penn National with 9,683 calls trading, 5x expected, and implied vol increasing over 3 points to 57.60%. Nov-22 39 calls and Nov-22 36.5 calls are the most active options, with total volume in those strikes near 6,200 contracts. The Put/Call Ratio is 0.11. Earnings are expected on February 2nd.
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Published first on TheFly
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