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Upstart Holdings call volume above normal and directionally bullish

Bullish option flow detected in Upstart Holdings with 17,449 calls trading, 1.3x expected, and implied vol increasing over 3 points to 110.56%. 2/24 weekly 20 calls and 2/24 weekly 19 puts are the most active options, with total volume in those strikes near 5,400 contracts. The Put/Call Ratio is 0.58. Earnings are expected on May 8th.

Published first on TheFly

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