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Workday call volume above normal and directionally bullish

Bullish option flow detected in Workday with 7,094 calls trading, 3x expected, and implied vol increasing over 1 point to 39.91%. 12/30 weekly 190 calls and Jan-23 195 calls are the most active options, with total volume in those strikes near 6,100 contracts. The Put/Call Ratio is 0.10. Earnings are expected on March 2nd.

Published first on TheFly

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