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3M call volume above normal and directionally bullish
The Fly

3M call volume above normal and directionally bullish

Bullish option flow detected in 3M with 14,115 calls trading, 3x expected, and implied vol increasing over 1 point to 20.47%. Jul-24 105 calls and 5/31 weekly 101 puts are the most active options, with total volume in those strikes near 5,600 contracts. The Put/Call Ratio is 0.39. Earnings are expected on July 30th.

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