Pure Storage call volume above normal and directionally bullish
The Fly

Pure Storage call volume above normal and directionally bullish

Bullish option flow detected in Pure Storage with 3,703 calls trading, 1.8x expected, and implied vol increasing over 1 point to 43.23%. Feb-24 45 calls and Jan-25 55 calls are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.07. Earnings are expected on February 28th.

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