Bullish option flow detected in Melco Resorts (MLCO) with 5,943 calls trading, 3x expected, and implied vol increasing almost 5 points to 72.89%. Apr-25 8 calls and 11/8 weekly 7.5 calls are the most active options, with total volume in those strikes near 5,500 contracts. The Put/Call Ratio is 0.00. Earnings are expected on November 5th.
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