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Peloton Interactive call volume above normal and directionally bullish

Bullish option flow detected in Peloton (PTON) Interactive with 112,541 calls trading, 7x expected, and implied vol increasing almost 25 points to 114.04%. Nov-25 9 calls and 10/24 weekly 8.5 calls are the most active options, with total volume in those strikes near 76,300 contracts. The Put/Call Ratio is 0.01. Earnings are expected on November 6th.

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