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Planet Fitness call volume above normal and directionally bullish

Bullish option flow detected in Planet Fitness with 1,721 calls trading, 1.6x expected, and implied vol increasing over 1 point to 42.99%. Oct-23 50 calls and Nov-23 60 calls are the most active options, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 0.28. Earnings are expected on November 7th.

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