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WeWork call volume above normal and directionally bullish
The Fly

WeWork call volume above normal and directionally bullish

Bullish option flow detected in WeWork with 22,840 calls trading, 1.9x expected, and implied vol increasing over 30 points to 205.15%. Jan-25 1 puts and Sep-23 5 calls are the most active options, with total volume in those strikes near 8,700 contracts. The Put/Call Ratio is 0.60. Earnings are expected on November 9th.

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