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Spirit AeroSystems call volume above normal and directionally bullish

Bullish option flow detected in Spirit AeroSystems with 3,758 calls trading, 1.9x expected, and implied vol increasing almost 5 points to 40.10%. Jul-24 32 calls and Jul-24 31 calls are the most active options, with total volume in those strikes near 3,200 contracts. The Put/Call Ratio is 0.32. Earnings are expected on July 31st.

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