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Peloton Interactive call volume above normal and directionally bullish

Bullish option flow detected in Peloton (PTON) Interactive with 30,000 calls trading, 3x expected, and implied vol increasing almost 5 points to 58.16%. 12/12 weekly 7 calls and Jan-27 15 calls are the most active options, with total volume in those strikes near 24,400 contracts. The Put/Call Ratio is 0.02. Earnings are expected on February 5th.

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