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Pure Storage call volume above normal and directionally bullish
The Fly

Pure Storage call volume above normal and directionally bullish

Bullish option flow detected in Pure Storage with 2,761 calls trading, 1.4x expected, and implied vol increasing almost 2 points to 48.94%. Feb-24 37 calls and Feb-24 44 calls are the most active options, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 0.11. Earnings are expected on February 28th.

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