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Etsy call volume above normal and directionally bullish

Bullish option flow detected in Etsy (ETSY) with 32,032 calls trading, 3x expected, and implied vol increasing almost 4 points to 44.91%. 8/1 weekly 63 calls and 8/8 weekly 63 calls are the most active options, with total volume in those strikes near 10,400 contracts. The Put/Call Ratio is 0.40. Earnings are expected on October 29th.

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