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Coty call volume above normal and directionally bullish

Bullish option flow detected in Coty with 9,952 calls trading, 5x expected, and implied vol increasing over 1 point to 36.76%. 2/24 weekly 11 calls and Feb-23 11 calls are the most active options, with total volume in those strikes near 5,000 contracts. The Put/Call Ratio is 0.12. Earnings are expected on May 9th.

Published first on TheFly

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