Bullish option flow detected in Spotify with 3,567 calls trading, 1.7x expected, and implied vol increasing almost 6 points to 53.91%. Jan-24 120 calls and Jan-24 90 calls are the most active options, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 0.23. Earnings are expected on April 25th.
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Published first on TheFly
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