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ArcelorMittal call volume above normal and directionally bullish

Bullish option flow detected in ArcelorMittal with 3,332 calls trading, 3x expected, and implied vol increasing almost 2 points to 40.32%. Dec-22 28 calls and Dec-22 26.5 calls are the most active options, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 0.30. Earnings are expected on February 9th.

Published first on TheFly

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