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Trade Desk call volume above normal and directionally bullish

Bullish option flow detected in Trade Desk with 7,084 calls trading, 1.1x expected, and implied vol increasing almost 4 points to 69.29%. 1/6 weekly 50 calls and Jan-24 55 calls are the most active options, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 0.41. Earnings are expected on February 16th.

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Published first on TheFly

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