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DocuSign call volume above normal and directionally bullish

Bullish option flow detected in DocuSign with 9,313 calls trading, 1.9x expected, and implied vol increasing over 7 points to 47.29%. May-24 62 calls and 5/31 weekly 61 calls are the most active options, with total volume in those strikes near 7,300 contracts. The Put/Call Ratio is 0.09. Earnings are expected on June 6th.

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