Bullish option flow detected in Melco Resorts with 6,014 calls trading, 2x expected, and implied vol increasing almost 2 points to 48.51%. Jan-25 11 calls and Jun-24 12.5 calls are the most active options, with total volume in those strikes near 4,500 contracts. The Put/Call Ratio is 0.01. Earnings are expected on August 1st.
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