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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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