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UPS call volume above normal and directionally bullish

Bullish option flow detected in UPS with 7,922 calls trading, 1.9x expected, and implied vol increasing over 1 point to 24.15%. 2/3 weekly 190 calls and 2/3 weekly 185 calls are the most active options, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 0.66. Earnings are expected on April 25th.

Published first on TheFly

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