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Canadian Natural call volume above normal and directionally bullish

Bullish option flow detected in Canadian Natural with 2,733 calls trading, 1.1x expected, and implied vol increasing almost 2 points to 29.97%. Mar-23 55 calls and Mar-23 60 calls are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.23.

Published first on TheFly

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