Bullish option flow detected in Melco Resorts with 7,245 calls trading, 1.9x expected, and implied vol increasing almost 2 points to 67.48%. 3/8 weekly 9.5 calls and Mar-24 9.5 calls are the most active options, with total volume in those strikes near 5,100 contracts. The Put/Call Ratio is 0.11. Earnings are expected on February 29th.
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