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Cameco call volume above normal and directionally bullish

Bullish option flow detected in Cameco with 16,901 calls trading, 1.3x expected, and implied vol increasing over 1 point to 48.44%. Nov-23 39 calls and Oct-23 37.5 calls are the most active options, with total volume in those strikes near 10,700 contracts. The Put/Call Ratio is 0.14. Earnings are expected on October 31st.

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