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Southwest call volume above normal and directionally bullish

Bullish option flow detected in Southwest with 7,413 calls trading, 1.2x expected, and implied vol increasing over 1 point to 33.75%. Jul-24 30 calls and Jun-24 22 puts are the most active options, with total volume in those strikes near 4,600 contracts. The Put/Call Ratio is 0.48. Earnings are expected on July 25th.

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