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GoPro call volume above normal and directionally bullish

Bullish option flow detected in GoPro with 2,063 calls trading, 1.1x expected, and implied vol increasing almost 10 points to 51.41%. 1/6 weekly 5 calls and 1/6 weekly 5 puts are the most active options, with total volume in those strikes near 580 contracts. The Put/Call Ratio is 0.37. Earnings are expected on February 2nd.

Published first on TheFly

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