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New Fortress Energy call volume above normal and directionally bullish
The Fly

New Fortress Energy call volume above normal and directionally bullish

Bullish option flow detected in New Fortress Energy with 3,552 calls trading, 1.7x expected, and implied vol increasing almost 3 points to 54.65%. Aug-24 24 calls and Aug-24 22 calls are the most active options, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 0.36. Earnings are expected on August 8th.

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