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Fly Leasing Ltd call volume above normal and directionally bullish

Bullish option flow detected in Fly Leasing Ltd with 42,654 calls trading, 9x expected, and implied vol increasing almost 22 points to 141.22%. 2/27 weekly 25 calls and 2/27 weekly 29 calls are the most active options, with total volume in those strikes near 24,000 contracts. The Put/Call Ratio is 0.05. Earnings are expected on March 4th.

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