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Amgen call volume above normal and directionally bullish

Bullish option flow detected in Amgen with 8,325 calls trading, 1.3x expected, and implied vol increasing almost 2 points to 20.06%. 2/23 weekly 292.5 calls and Feb-24 300 calls are the most active options, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 0.33. Earnings are expected on May 2nd.

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