Bullish option flow detected in Spotify with 7,060 calls trading, 1.9x expected, and implied vol increasing over 1 point to 48.59%. 2/10 weekly 130 calls and 2/10 weekly 128 calls are the most active options, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 0.60. Earnings are expected on April 26th.
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Published first on TheFly
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