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Daqo New Energy call volume above normal and directionally bullish

Daqo New Energy call volume above normal and directionally bullish

Bullish option flow detected in Daqo New Energy (DQ) with 1,648 calls trading, 1.1x expected, and implied vol increasing almost 2 points to 89.99%. Nov-24 30 calls and Nov-24 24 calls are the most active options, with total volume in those strikes near 890 contracts. The Put/Call Ratio is 0.26. Earnings are expected on October 30th.

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