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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