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Silvergate Capital Corp call volume above normal and directionally bullish

Bullish option flow detected in Silvergate Capital Corp with 28,274 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 146.15%. 2/3 weekly 14 calls and 2/3 weekly 15 calls are the most active options, with total volume in those strikes near 8,900 contracts. The Put/Call Ratio is 0.26. Earnings are expected on April 18th.

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Published first on TheFly

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