Bullish option flow detected in Icahn Enterprises with 6,291 calls trading, 1.5x expected, and implied vol increasing over 7 points to 77.86%. Sep-24 12 calls and Sep-24 13 calls are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.19. Earnings are expected on November 1st.
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- Icahn Enterprises put volume heavy and directionally bearish