Bullish option flow detected in Peloton (PTON) Interactive with 43,528 calls trading, 2x expected, and implied vol increasing almost 15 points to 131.51%. 10/25 weekly 6 calls and 10/25 weekly 6.5 calls are the most active options, with total volume in those strikes near 20,900 contracts. The Put/Call Ratio is 0.10. Earnings are expected on October 31st.
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- Peloton Interactive call volume above normal and directionally bullish