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Johnson Controls call volume above normal and directionally bullish

Johnson Controls call volume above normal and directionally bullish

Bullish option flow detected in Johnson Controls with 3,929 calls trading, 1.7x expected, and implied vol increasing over 2 points to 32.94%. Nov-23 52.5 calls and Dec-23 52.5 calls are the most active options, with total volume in those strikes near 3,500 contracts. The Put/Call Ratio is 0.08. Earnings are expected on November 29th.

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