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Etsy call volume above normal and directionally bullish

Bullish option flow detected in Etsy (ETSY) with 10,854 calls trading, 1.1x expected, and implied vol increasing almost 2 points to 51.15%. 11/14 weekly 60 calls and Dec-25 65 calls are the most active options, with total volume in those strikes near 7,600 contracts. The Put/Call Ratio is 0.13. Earnings are expected on February 18th.

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