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Fastly Inc call volume above normal and directionally bullish

Bullish option flow detected in Fastly Inc with 3,934 calls trading, 1.8x expected, and implied vol increasing almost 7 points to 115.33%. 8/9 weekly 8 calls and 8/9 weekly 7.5 calls are the most active options, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 0.27. Earnings are expected on August 7th.

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