ContextLogic call volume above normal and directionally bullish
The Fly

ContextLogic call volume above normal and directionally bullish

Bullish option flow detected in ContextLogic with 2,543 calls trading, 2x expected, and implied vol increasing almost 4 points to 91.14%. Dec-23 6 calls and Jan-24 7 calls are the most active options, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 0.14. Earnings are expected on February 27th.

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