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Virgin Galactic call volume above normal and directionally bullish

Bullish option flow detected in Virgin Galactic with 3,541 calls trading, 1.1x expected, and implied vol increasing almost 2 points to 104.46%. 9/27 weekly 7 calls and 9/13 weekly 6.5 puts are the most active options, with total volume in those strikes near 940 contracts. The Put/Call Ratio is 0.65. Earnings are expected on November 6th.

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