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Under Armour Class A call volume above normal and directionally bullish

Under Armour Class A call volume above normal and directionally bullish

Bullish option flow detected in Under Armour Class A with 11,338 calls trading, 10x expected, and implied vol increasing almost 3 points to 31.15%. Jun-24 8 calls and Jul-24 7.5 puts are the most active options, with total volume in those strikes near 13,300 contracts. The Put/Call Ratio is 0.22. Earnings are expected on August 9th.

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