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American Electric call volume above normal and directionally bullish

Bullish option flow detected in American Electric with 15,388 calls trading, 7x expected, and implied vol increasing over 1 point to 27.27%. May-24 80 calls and May-24 75 calls are the most active options, with total volume in those strikes near 8,200 contracts. The Put/Call Ratio is 0.03. Earnings are expected on November 2nd.

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