Bullish option flow detected in Melco Resorts with 3,238 calls trading, 1.4x expected, and implied vol increasing almost 2 points to 69.17%. Mar-24 9 calls and Jul-24 12 calls are the most active options, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 0.18. Earnings are expected on February 29th.
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