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Penn National call volume above normal and directionally bullish

Bullish option flow detected in Penn National with 5,379 calls trading, 1.5x expected, and implied vol increasing over 1 point to 54.68%. 9/6 weekly 19 calls and Oct-24 22.5 calls are the most active options, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 0.35. Earnings are expected on October 31st.

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