Bullish option flow detected in Alcoa with 21,192 calls trading, 1.5x expected, and implied vol increasing over 3 points to 46.62%. May-24 40 calls and May-24 37.5 calls are the most active options, with total volume in those strikes near 7,200 contracts. The Put/Call Ratio is 0.45. Earnings are expected on July 17th.
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