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3M call volume above normal and directionally bullish

3M call volume above normal and directionally bullish

Bullish option flow detected in 3M with 5,808 calls trading, 1.0x expected, and implied vol increasing almost 2 points to 29.99%. Aug-24 105 calls and Sep-24 110 calls are the most active options, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 0.54. Earnings are expected on July 26th.

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