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Applied Digital Corp call volume above normal and directionally bullish

Bullish option flow detected in Applied Digital Corp with 2,022 calls trading, 1.1x expected, and implied vol increasing almost 2 points to 121.26%. Oct-23 6 calls and Oct-23 5 puts are the most active options, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 0.54. Earnings are expected on October 9th.

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