American Eagle call volume above normal and directionally bullish

Bullish option flow detected in American Eagle with 2,796 calls trading, 1.3x expected, and implied vol increasing over 6 points to 45.36%. Aug-24 20 calls and 7/26 weekly 20.5 calls are the most active options, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 0.48. Earnings are expected on September 11th.

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