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Pac Bio call volume above normal and directionally bullish
The Fly

Pac Bio call volume above normal and directionally bullish

Bullish option flow detected in Pac Bio with 2,333 calls trading, 1.2x expected, and implied vol increasing over 1 point to 88.32%. Mar-24 6 calls and Mar-24 5 puts are the most active options, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 0.14. Earnings are expected on May 2nd.

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