Bullish option flow detected in Spirit Airlines with 1,663 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 37.08%. Feb-23 22.5 calls and 2/3 weekly 20.5 calls are the most active options, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 0.64. Earnings are expected on February 6th.
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Published first on TheFly
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