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AT&T call volume above normal and directionally bullish

Bullish option flow detected in AT&T with 30,795 calls trading, 1.4x expected, and implied vol increasing almost 3 points to 22.22%. 9/13 weekly 21.5 calls and 9/13 weekly 22 calls are the most active options, with total volume in those strikes near 7,300 contracts. The Put/Call Ratio is 0.51. Earnings are expected on October 23rd.

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