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Peloton Interactive call volume above normal and directionally bullish

Bullish option flow detected in Peloton (PTON) Interactive with 50,977 calls trading, 4x expected, and implied vol increasing over 14 points to 86.08%. Jun-25 8 calls and Oct-25 7 calls are the most active options, with total volume in those strikes near 30,000 contracts. The Put/Call Ratio is 0.03. Earnings are expected on August 28th.

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