Bullish option flow detected in Pure Storage with 5,456 calls trading, 3x expected, and implied vol increasing over 1 point to 45.50%. Feb-23 28 calls and Feb-23 27 puts are the most active options, with total volume in those strikes near 5,400 contracts. The Put/Call Ratio is 0.12. Earnings are expected on March 1st.
Published first on TheFly
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