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Lumen Technologies call volume above normal and directionally bullish

Bullish option flow detected in Lumen Technologies with 8,768 calls trading, 1.9x expected, and implied vol increasing over 2 points to 63.56%. Jan-23 6 calls and 1/13 weekly 6 calls are the most active options, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 0.29. Earnings are expected on February 7th.

Published first on TheFly

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