Advance Auto Parts call volume above normal and directionally bullish

Bullish option flow detected in Advance Auto Parts with 1,691 calls trading, 1.0x expected, and implied vol increasing over 3 points to 65.63%. 8/2 weekly 66 calls and 8/2 weekly 54 puts are the most active options, with total volume in those strikes near 900 contracts. The Put/Call Ratio is 0.64. Earnings are expected on August 21st.

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