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Cameco call volume above normal and directionally bullish

Cameco call volume above normal and directionally bullish

Bullish option flow detected in Cameco (CCJ) with 6,072 calls trading, 1.1x expected, and implied vol increasing over 1 point to 48.29%. Apr-25 50 calls and 2/28 weekly 42.5 puts are the most active options, with total volume in those strikes near 5,000 contracts. The Put/Call Ratio is 0.63. Earnings are expected on April 30th.

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