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Novo Nordisk call volume above normal and directionally bullish

Bullish option flow detected in Novo Nordisk (NVO) with 125,072 calls trading, 3x expected, and implied vol increasing over 1 point to 49.57%. Jan-26 60 calls and Jan-26 59 calls are the most active options, with total volume in those strikes near 25,000 contracts. The Put/Call Ratio is 0.47. Earnings are expected on February 4th.

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