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Redfin call volume above normal and directionally bullish

Bullish option flow detected in Redfin with 8,614 calls trading, 5x expected, and implied vol increasing over 15 points to 124.09%. Dec-22 5 calls and Feb-23 4 puts are the most active options, with total volume in those strikes near 8,800 contracts. The Put/Call Ratio is 0.22. Earnings are expected on February 16th.

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Published first on TheFly

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