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Morphosys Ag (ADR) call volume above normal and directionally bullish

Bullish option flow detected in Morphosys Ag (ADR) with 2,237 calls trading, 1.0x expected, and implied vol increasing over 6 points to 21.35%. Jul-24 12.5 calls and Feb-24 17.5 calls are the most active options, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 0.14. Earnings are expected on March 13th.

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