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Alcoa call volume above normal and directionally bullish

Alcoa call volume above normal and directionally bullish

Bullish option flow detected in Alcoa (AA) with 4,025 calls trading, 1.5x expected, and implied vol increasing over 1 point to 51.09%. Jan-25 50 calls and 1/31 weekly 41 calls are the most active options, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 0.06. Earnings are expected on January 22nd.

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