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Pac Bio call volume above normal and directionally bullish

Bullish option flow detected in Pac Bio with 4,145 calls trading, 2x expected, and implied vol increasing almost 5 points to 98.30%. Feb-24 7 calls and Jan-26 20 calls are the most active options, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 0.08. Earnings are expected on February 15th.

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