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Palantir Technologies call volume above normal and directionally bullish

Bullish option flow detected in Palantir Technologies with 167,892 calls trading, 2x expected, and implied vol increasing over 6 points to 50.19%. 7/5 weekly 27 calls and 7/5 weekly 26.5 calls are the most active options, with total volume in those strikes near 44,100 contracts. The Put/Call Ratio is 0.24. Earnings are expected on August 5th.

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