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Teck Resources call volume above normal and directionally bullish

Teck Resources call volume above normal and directionally bullish

Bullish option flow detected in Teck Resources with 7,284 calls trading, 4x expected, and implied vol increasing over 2 points to 40.52%. Jul-24 52 calls and 7/12 weekly 51 puts are the most active options, with total volume in those strikes near 5,100 contracts. The Put/Call Ratio is 0.29. Earnings are expected on July 24th.

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