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US Steel call volume above normal and directionally bullish
The Fly

US Steel call volume above normal and directionally bullish

Bullish option flow detected in US Steel with 23,207 calls trading, 1.0x expected, and implied vol increasing over 1 point to 34.98%. Jan-24 37 calls and Jan-24 33 puts are the most active options, with total volume in those strikes near 8,700 contracts. The Put/Call Ratio is 0.64. Earnings are expected on February 1st.

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