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PG&E call volume above normal and directionally bullish
The Fly

PG&E call volume above normal and directionally bullish

Bullish option flow detected in PG&E with 4,611 calls trading, 1.8x expected, and implied vol increasing over 2 points to 22.70%. 1/26 weekly 18 calls and 12/29 weekly 17.5 calls are the most active options, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 0.09. Earnings are expected on February 29th.

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