Bullish option flow detected in Rite Aid with 8,206 calls trading, 3x expected, and implied vol increasing over 4 points to 117.70%. 12/2 weekly 5 calls and 12/9 weekly 5.5 calls are the most active options, with total volume in those strikes near 6,200 contracts. The Put/Call Ratio is 0.08. Earnings are expected on December 20th.
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