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Pure Storage call volume above normal and directionally bullish

Bullish option flow detected in Pure Storage with 3,853 calls trading, 1.5x expected, and implied vol increasing almost 3 points to 42.02%. Apr-23 25 calls and Apr-23 23 puts are the most active options, with total volume in those strikes near 3,900 contracts. The Put/Call Ratio is 0.28. Earnings are expected on May 31st.

Published first on TheFly

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