Telephone and Data call volume above normal and directionally bullish
The Fly

Telephone and Data call volume above normal and directionally bullish

Bullish option flow detected in Telephone and Data with 4,812 calls trading, 4x expected, and implied vol increasing over 5 points to 71.12%. Sep-23 22.5 calls and Nov-23 25 calls are the most active options, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 0.00. Earnings are expected on November 2nd.

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