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Shift4 Payments call volume above normal and directionally bullish

Bullish option flow detected in Shift4 Payments with 3,688 calls trading, 3x expected, and implied vol increasing over 2 points to 75.99%. Apr-23 90 calls and Apr-23 75 calls are the most active options, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 0.09. Earnings are expected on May 4th.

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Published first on TheFly

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