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Apache call volume above normal and directionally bullish

Apache call volume above normal and directionally bullish

Bullish option flow detected in Apache with 11,595 calls trading, 1.6x expected, and implied vol increasing almost 2 points to 50.39%. 3/7 weekly 19 calls and 3/14 weekly 18 puts are the most active options, with total volume in those strikes near 9,300 contracts. The Put/Call Ratio is 0.25. Earnings are expected on May 5th.

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