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Futu Holdings call volume above normal and directionally bullish

Bullish option flow detected in Futu Holdings with 2,249 calls trading, 1.4x expected, and implied vol increasing over 1 point to 44.16%. Jun-24 60 calls and 4/26 weekly 58 calls are the most active options, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 0.18. Earnings are expected on May 23rd.

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