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Penn National call volume above normal and directionally bullish

Bullish option flow detected in Penn National with 10,329 calls trading, 3x expected, and implied vol increasing over 1 point to 47.55%. Jan-25 20 calls and 1/10 weekly 19 puts are the most active options, with total volume in those strikes near 8,700 contracts. The Put/Call Ratio is 0.36. Earnings are expected on February 20th.

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