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Etsy call volume above normal and directionally bullish

Bullish option flow detected in Etsy with 7,538 calls trading, 1.4x expected, and implied vol increasing over 1 point to 41.10%. Mar-25 55 calls and Jan-26 70 calls are the most active options, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 0.44. Earnings are expected on October 30th.

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