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Penn National call volume above normal and directionally bullish
The Fly

Penn National call volume above normal and directionally bullish

Bullish option flow detected in Penn National with 14,671 calls trading, 7x expected, and implied vol increasing over 1 point to 64.03%. 10/25 weekly 19.5 calls and 10/25 weekly 19 calls are the most active options, with total volume in those strikes near 13,500 contracts. The Put/Call Ratio is 0.01. Earnings are expected on November 7th.

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