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Medtronic call volume above normal and directionally bullish

Medtronic call volume above normal and directionally bullish

Bullish option flow detected in Medtronic with 5,422 calls trading, 1.6x expected, and implied vol increasing over 2 points to 22.70%. 5/24 weekly 86 calls and May-24 72 puts are the most active options, with total volume in those strikes near 3,800 contracts. The Put/Call Ratio is 0.51. Earnings are expected on May 23rd.

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