Applovin call volume above normal and directionally bullish

Bullish option flow detected in Applovin with 2,348 calls trading, 2x expected, and implied vol increasing over 5 points to 51.83%. Jan-24 45 calls and Jan-24 47.5 calls are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.02. Earnings are expected on February 7th.

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