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Virgin Galactic call volume above normal and directionally bullish

Virgin Galactic call volume above normal and directionally bullish

Bullish option flow detected in Virgin Galactic (SPCE) with 24,209 calls trading, 9x expected, and implied vol increasing almost 16 points to 95.23%. Mar-25 6 calls and 1/24 weekly 5.5 calls are the most active options, with total volume in those strikes near 8,400 contracts. The Put/Call Ratio is 0.08. Earnings are expected on February 25th.

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