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Peloton Interactive call volume above normal and directionally bullish

Bullish option flow detected in Peloton (PTON) Interactive with 22,082 calls trading, 3x expected, and implied vol increasing almost 12 points to 84.17%. Jan-26 7 calls and 1/23 weekly 7 calls are the most active options, with total volume in those strikes near 20,700 contracts. The Put/Call Ratio is 0.02. Earnings are expected on February 5th.

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