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Ebix call volume above normal and directionally bullish
The Fly

Ebix call volume above normal and directionally bullish

Bullish option flow detected in Ebix with 18,639 calls trading, 5x expected, and implied vol increasing almost 30 points to 202.38%. 1/5 weekly 5.5 calls and 12/22 weekly 11 calls are the most active options, with total volume in those strikes near 7,100 contracts. The Put/Call Ratio is 0.08. Earnings are expected on March 13th.

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