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Spotify call volume above normal and directionally bullish
The Fly

Spotify call volume above normal and directionally bullish

Bullish option flow detected in Spotify with 6,858 calls trading, 2x expected, and implied vol increasing almost 2 points to 64.28%. 1/27 weekly 95 calls and Jan-23 90 puts are the most active options, with total volume in those strikes near 3,400 contracts. The Put/Call Ratio is 0.38. Earnings are expected on January 31st.

Published first on TheFly

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