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Synchrony call volume above normal and directionally bullish

Bullish option flow detected in Synchrony with 7,861 calls trading, 10x expected, and implied vol increasing over 1 point to 29.62%. May-24 47 calls and Jul-24 50 calls are the most active options, with total volume in those strikes near 7,000 contracts. The Put/Call Ratio is 0.05. Earnings are expected on July 23rd.

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