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Valero call volume above normal and directionally bullish

Valero call volume above normal and directionally bullish

Bullish option flow detected in Valero with 4,737 calls trading, 1.5x expected, and implied vol increasing almost 2 points to 29.55%. 8/30 weekly 144 calls and Oct-24 145 calls are the most active options, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 0.34. Earnings are expected on October 24th.

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