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Shift4 Payments call volume above normal and directionally bullish

Bullish option flow detected in Shift4 Payments with 2,335 calls trading, 1.9x expected, and implied vol increasing almost 2 points to 66.41%. Apr-23 75 calls and Apr-23 65 calls are the most active options, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 0.08. Earnings are expected on May 4th.

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Published first on TheFly

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