Bullish option flow detected in Melco Resorts with 9,410 calls trading, 5x expected, and implied vol increasing almost 5 points to 66.57%. Apr-24 8 calls and Jul-24 8 puts are the most active options, with total volume in those strikes near 8,500 contracts. The Put/Call Ratio is 0.05. Earnings are expected on February 29th.
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