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Bank of America call volume above normal and directionally bullish

Bank of America call volume above normal and directionally bullish

Bullish option flow detected in Bank of America (BAC) with 82,288 calls trading, 1.3x expected, and implied vol increasing over 1 point to 33.35%. Jan-27 40 calls and Jun-25 44 calls are the most active options, with total volume in those strikes near 26,000 contracts. The Put/Call Ratio is 0.33. Earnings are expected on April 15th.

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