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GameStop call volume above normal and directionally bullish

GameStop call volume above normal and directionally bullish

Bullish option flow detected in GameStop (GME) with 83,935 calls trading, 2x expected, and implied vol increasing over 8 points to 74.76%. 2/7 weekly 40 calls and 1/24 weekly 30 calls are the most active options, with total volume in those strikes near 20,100 contracts. The Put/Call Ratio is 0.08. Earnings are expected on March 25th.

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