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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 7,855 calls trading, 1.6x expected, and implied vol increasing over 2 points to 24.92%. 6/28 weekly 103 calls and 6/28 weekly 104 calls are the most active options, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 0.40. Earnings are expected on July 30th.

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