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Etsy call volume above normal and directionally bullish

Bullish option flow detected in Etsy (ETSY) with 10,206 calls trading, 2x expected, and implied vol increasing over 2 points to 56.40%. Jun-26 45 calls and May-26 50 calls are the most active options, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 0.66. Earnings are expected on April 29th.

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