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Etsy call volume above normal and directionally bullish

Bullish option flow detected in Etsy with 7,438 calls trading, 3x expected, and implied vol increasing over 1 point to 63.75%. Apr-24 73 calls and Apr-24 70 calls are the most active options, with total volume in those strikes near 5,600 contracts. The Put/Call Ratio is 0.11. Earnings are expected on May 1st.

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