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VMware call volume above normal and directionally bullish

VMware call volume above normal and directionally bullish

Bullish option flow detected in VMware with 2,855 calls trading, 1.2x expected, and implied vol increasing almost 9 points to 39.81%. Aug-23 160 calls and Jul-23 165 calls are the most active options, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 0.11. Earnings are expected on August 31st.

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