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Okta call volume above normal and directionally bullish

Bullish option flow detected in Okta with 12,881 calls trading, 1.8x expected, and implied vol increasing almost 2 points to 67.51%. 2/10 weekly 80 calls and 2/3 weekly 75 calls are the most active options, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 0.24. Earnings are expected on March 1st.

Published first on TheFly

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