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Match Group call volume above normal and directionally bullish

Bullish option flow detected in Match Group (MTCH) with 24,498 calls trading, 31x expected, and implied vol increasing over 3 points to 58.14%. 5/23 weekly 33 calls and May-25 33 calls are the most active options, with total volume in those strikes near 16,200 contracts. The Put/Call Ratio is 0.02. Earnings are expected on May 8th.

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