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American Airlines call volume above normal and directionally bullish

Bullish option flow detected in American Airlines (AAL) with 86,494 calls trading, 5x expected, and implied vol increasing almost 5 points to 55.78%. 7/11 weekly 12.5 calls and 7/11 weekly 12 calls are the most active options, with total volume in those strikes near 20,500 contracts. The Put/Call Ratio is 0.41. Earnings are expected on July 24th.

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