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Futu Holdings call volume above normal and directionally bullish

Bullish option flow detected in Futu Holdings with 7,028 calls trading, 3x expected, and implied vol increasing over 2 points to 44.28%. Sep-24 70 calls and 10/4 weekly 72 calls are the most active options, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 0.25. Earnings are expected on November 21st.

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