Bullish option flow detected in Alcoa with 26,299 calls trading, 6x expected, and implied vol increasing almost 3 points to 51.14%. 9/27 weekly 38.5 calls and Dec-24 45 calls are the most active options, with total volume in those strikes near 15,400 contracts. The Put/Call Ratio is 0.21. Earnings are expected on October 16th.
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