Centene call volume above normal and directionally bullish
The Fly

Centene call volume above normal and directionally bullish

Bullish option flow detected in Centene (CNC) with 11,552 calls trading, 2.0x expected, and implied vol increasing over 4 points to 42.61%. Dec-24 70 calls and 11/8 weekly 65 calls are the most active options, with total volume in those strikes near 6,300 contracts. The Put/Call Ratio is 0.05. Earnings are expected on February 4th.

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