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Peloton Interactive call volume above normal and directionally bullish

Bullish option flow detected in Peloton (PTON) Interactive with 26,384 calls trading, 1.9x expected, and implied vol increasing almost 9 points to 112.66%. Jun-25 7 calls and 5/2 weekly 6.5 puts are the most active options, with total volume in those strikes near 14,900 contracts. The Put/Call Ratio is 0.27. Earnings are expected on May 8th.

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