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Applied Digital Corp call volume above normal and directionally bullish

Bullish option flow detected in Applied Digital Corp with 5,808 calls trading, 3x expected, and implied vol increasing almost 16 points to 124.08%. Sep-23 6 calls and Sep-23 5 puts are the most active options, with total volume in those strikes near 7,300 contracts. The Put/Call Ratio is 0.45. Earnings are expected on October 11th.

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