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American Airlines call volume above normal and directionally bullish

Bullish option flow detected in American Airlines with 27,515 calls trading, 2x expected, and implied vol increasing over 1 point to 44.97%. May-23 14 calls and Jun-23 14 calls are the most active options, with total volume in those strikes near 6,500 contracts. The Put/Call Ratio is 0.37. Earnings are expected on April 27th.

Published first on TheFly

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