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Nucor call volume above normal and directionally bullish

Nucor call volume above normal and directionally bullish

Bullish option flow detected in Nucor (NUE) with 4,625 calls trading, 1.3x expected, and implied vol increasing almost 3 points to 34.91%. Jan-25 131 calls and Jan-25 122 calls are the most active options, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 0.39. Earnings are expected on January 27th.

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