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Dropbox call volume above normal and directionally bullish

Dropbox call volume above normal and directionally bullish

Bullish option flow detected in Dropbox with 6,104 calls trading, 2x expected, and implied vol increasing over 1 point to 25.49%. Jan-26 35 calls and Sep-24 25 calls are the most active options, with total volume in those strikes near 5,100 contracts. The Put/Call Ratio is 0.03. Earnings are expected on November 7th.

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