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Altria Group call volume above normal and directionally bullish

Bullish option flow detected in Altria Group (MO) with 11,616 calls trading, 1.3x expected, and implied vol increasing over 1 point to 22.74%. 7/11 weekly 61 calls and 7/25 weekly 62 calls are the most active options, with total volume in those strikes near 5,300 contracts. The Put/Call Ratio is 0.36. Earnings are expected on July 30th.

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