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Futu Holdings call volume above normal and directionally bullish

Bullish option flow detected in Futu Holdings (FUTU) with 12,872 calls trading, 3x expected, and implied vol increasing almost 2 points to 54.67%. 6/6 weekly 112 calls and Jun-25 106 calls are the most active options, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 0.23. Earnings are expected on August 19th.

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