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Upstart Holdings call volume above normal and directionally bullish

Bullish option flow detected in Upstart Holdings with 14,544 calls trading, 1.3x expected, and implied vol increasing over 3 points to 99.04%. 3/24 weekly 16.5 calls and 3/24 weekly 16 calls are the most active options, with total volume in those strikes near 4,600 contracts. The Put/Call Ratio is 0.44. Earnings are expected on May 8th.

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Published first on TheFly

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