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Okta call volume above normal and directionally bullish

Bullish option flow detected in Okta with 8,802 calls trading, 2x expected, and implied vol increasing almost 5 points to 77.70%. Aug-23 75 calls and Jan-24 65 puts are the most active options, with total volume in those strikes near 6,700 contracts. The Put/Call Ratio is 0.47. Earnings are expected on March 1st.

Published first on TheFly

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