Sphere Entertainment Co call volume above normal and directionally bullish

Bullish option flow detected in Sphere Entertainment Co with 2,900 calls trading, 1.2x expected, and implied vol increasing almost 4 points to 59.91%. Oct-24 45 calls and Oct-24 40 calls are the most active options, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 0.10. Earnings are expected on November 7th.

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