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Atlassian call volume above normal and directionally bullish
The Fly

Atlassian call volume above normal and directionally bullish

Bullish option flow detected in Atlassian with 1,475 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 41.89%. 12/29 weekly 275 calls and 12/29 weekly 267.5 calls are the most active options, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 0.39. Earnings are expected on February 1st.

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