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Penn National call volume above normal and directionally bullish

Penn National call volume above normal and directionally bullish

Bullish option flow detected in Penn National with 4,458 calls trading, 1.4x expected, and implied vol increasing almost 2 points to 54.44%. 2/7 weekly 19 calls and Apr-25 25 calls are the most active options, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 0.19. Earnings are expected on February 20th.

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