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Futu Holdings call volume above normal and directionally bullish

Bullish option flow detected in Futu Holdings with 21,361 calls trading, 8x expected, and implied vol increasing over 1 point to 43.53%. 9/6 weekly 64 calls and 8/30 weekly 62 calls are the most active options, with total volume in those strikes near 10,700 contracts. The Put/Call Ratio is 0.20. Earnings are expected on November 21st.

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