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Groupon call volume above normal and directionally bullish

Groupon call volume above normal and directionally bullish

Bullish option flow detected in Groupon with 5,352 calls trading, 1.3x expected, and implied vol increasing almost 2 points to 71.94%. 10/11 weekly 10.5 calls and Oct-24 7 puts are the most active options, with total volume in those strikes near 4,500 contracts. The Put/Call Ratio is 0.35. Earnings are expected on November 7th.

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