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New Gold call volume above normal and directionally bullish

Bullish option flow detected in New Gold (NGD) with 4,393 calls trading, 1.2x expected, and implied vol increasing over 2 points to 87.43%. Feb-26 11 calls and Feb-26 10 calls are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.11. Earnings are expected on February 18th.

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