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Novo Nordisk call volume above normal and directionally bullish

Bullish option flow detected in Novo Nordisk (NVO) with 21,940 calls trading, 1.5x expected, and implied vol increasing almost 3 points to 37.88%. Feb-25 85 calls and Feb-25 83 calls are the most active options, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 0.41. Earnings are expected on May 7th.

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