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Riot Blockchain call volume above normal and directionally bullish

Bullish option flow detected in Riot Blockchain with 24,960 calls trading, 1.5x expected, and implied vol increasing over 4 points to 82.85%. 6/28 weekly 10.5 calls and 6/28 weekly 10 calls are the most active options, with total volume in those strikes near 6,800 contracts. The Put/Call Ratio is 0.24. Earnings are expected on August 8th.

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