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Academy Sports and Outdoors call volume above normal and directionally bullish

Academy Sports and Outdoors call volume above normal and directionally bullish

Bullish option flow detected in Academy Sports and Outdoors with 7,080 calls trading, 9x expected, and implied vol increasing almost 8 points to 63.08%. Sep-23 49 calls and 9/1 weekly 56 calls are the most active options, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 0.31. Earnings are expected on August 31st.

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