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Alcoa call volume above normal and directionally bullish

Bullish option flow detected in Alcoa with 14,260 calls trading, 2x expected, and implied vol increasing almost 2 points to 52.98%. Apr-24 25 puts and Mar-24 30.5 calls are the most active options, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 0.44. Earnings are expected on April 17th.

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