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Nu Holdings call volume above normal and directionally bullish

Bullish option flow detected in Nu Holdings (NU) with 46,882 calls trading, 1.3x expected, and implied vol increasing over 4 points to 35.32%. 10/3 weekly 16.5 calls and 10/3 weekly 16 calls are the most active options, with total volume in those strikes near 21,400 contracts. The Put/Call Ratio is 0.22. Earnings are expected on November 13th.

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