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Magnite Inc call volume above normal and directionally bullish

Bullish option flow detected in Magnite Inc with 9,977 calls trading, 5x expected, and implied vol increasing over 6 points to 74.35%. Nov-24 12.75 calls and Jun-25 9.5 puts are the most active options, with total volume in those strikes near 7,000 contracts. The Put/Call Ratio is 0.39. Earnings are expected on November 7th.

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