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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 12,616 calls trading, 3x expected, and implied vol increasing over 7 points to 100.09%. 1/24 weekly 6 calls and Mar-25 6 calls are the most active options, with total volume in those strikes near 5,500 contracts. The Put/Call Ratio is 0.12. Earnings are expected on February 25th.

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