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Peloton Interactive call volume above normal and directionally bullish

Bullish option flow detected in Peloton (PTON) Interactive with 18,693 calls trading, 3x expected, and implied vol increasing almost 5 points to 100.18%. 8/8 weekly 8 calls and Aug-25 7.5 calls are the most active options, with total volume in those strikes near 14,600 contracts. The Put/Call Ratio is 0.08. Earnings are expected on August 7th.

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