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GameStop call volume above normal and directionally bullish
The Fly

GameStop call volume above normal and directionally bullish

Bullish option flow detected in GameStop (GME) with 80,232 calls trading, 1.8x expected, and implied vol increasing almost 11 points to 69.10%. 11/1 weekly 21 calls and 11/1 weekly 22 calls are the most active options, with total volume in those strikes near 12,600 contracts. The Put/Call Ratio is 0.16. Earnings are expected on December 4th.

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