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American Airlines call volume above normal and directionally bullish

Bullish option flow detected in American Airlines (AAL) with 64,580 calls trading, 1.7x expected, and implied vol increasing almost 6 points to 56.99%. Aug-25 12 calls and Jul-25 12 calls are the most active options, with total volume in those strikes near 24,100 contracts. The Put/Call Ratio is 0.63. Earnings are expected on July 24th.

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