Bullish option flow detected in Cameco with 8,444 calls trading, 1.1x expected, and implied vol increasing over 2 points to 46.88%. Sep-24 50 calls and 7/12 weekly 50 calls are the most active options, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 0.55. Earnings are expected on July 31st.
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- Cameco call volume above normal and directionally bullish