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WeWork call volume above normal and directionally bullish

Bullish option flow detected in WeWork with 22,840 calls trading, 1.9x expected, and implied vol increasing over 30 points to 205.15%. Jan-25 1 puts and Sep-23 5 calls are the most active options, with total volume in those strikes near 8,700 contracts. The Put/Call Ratio is 0.60. Earnings are expected on November 9th.

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