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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 5,275 calls trading, 4x expected, and implied vol increasing over 1 point to 116.09%. Jan-25 30 calls and Nov-24 19 puts are the most active options, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 0.52. Earnings are expected on October 30th.

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