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Western Alliance call volume above normal and directionally bullish
The Fly

Western Alliance call volume above normal and directionally bullish

Bullish option flow detected in Western Alliance with 1,936 calls trading, 1.1x expected, and implied vol increasing almost 2 points to 40.49%. 2/2 weekly 73 calls and 2/2 weekly 74 calls are the most active options, with total volume in those strikes near 440 contracts. The Put/Call Ratio is 0.43. Earnings are expected on April 16th.

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