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Novo Nordisk call volume above normal and directionally bullish

Bullish option flow detected in Novo Nordisk (NVO) with 43,895 calls trading, 2x expected, and implied vol increasing over 1 point to 38.16%. 12/26 weekly 48.5 calls and 12/26 weekly 51 calls are the most active options, with total volume in those strikes near 21,800 contracts. The Put/Call Ratio is 0.18. Earnings are expected on February 4th.

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