Groupon call volume above normal and directionally bullish

Bullish option flow detected in Groupon with 5,352 calls trading, 1.3x expected, and implied vol increasing almost 2 points to 71.94%. 10/11 weekly 10.5 calls and Oct-24 7 puts are the most active options, with total volume in those strikes near 4,500 contracts. The Put/Call Ratio is 0.35. Earnings are expected on November 7th.

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