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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 9,102 calls trading, 2x expected, and implied vol increasing over 2 points to 48.68%. 12/27 weekly 21.5 calls and Jan-25 22.5 calls are the most active options, with total volume in those strikes near 3,400 contracts. The Put/Call Ratio is 0.22. Earnings are expected on February 20th.

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