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Southern Co call volume above normal and directionally bullish
The Fly

Southern Co call volume above normal and directionally bullish

Bullish option flow detected in Southern Co with 8,581 calls trading, 20x expected, and implied vol increasing over 2 points to 22.38%. 8/2 weekly 84 calls and Aug-24 84 calls are the most active options, with total volume in those strikes near 8,100 contracts. The Put/Call Ratio is 0.01. Earnings are expected on August 1st.

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