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Simon Property call volume above normal and directionally bullish
The Fly

Simon Property call volume above normal and directionally bullish

Bullish option flow detected in Simon Property with 4,490 calls trading, 3x expected, and implied vol increasing over 1 point to 34.61%. Oct-23 120 calls and Oct-23 95 calls are the most active options, with total volume in those strikes near 2,900 contracts. The Put/Call Ratio is 0.21. Earnings are expected on May 8th.

Published first on TheFly

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