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Magnite Inc call volume above normal and directionally bullish
The Fly

Magnite Inc call volume above normal and directionally bullish

Bullish option flow detected in Magnite Inc with 9,977 calls trading, 5x expected, and implied vol increasing over 6 points to 74.35%. Nov-24 12.75 calls and Jun-25 9.5 puts are the most active options, with total volume in those strikes near 7,000 contracts. The Put/Call Ratio is 0.39. Earnings are expected on November 7th.

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