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Annaly Capital call volume above normal and directionally bullish

Bullish option flow detected in Annaly Capital (NLY) with 9,770 calls trading, 2x expected, and implied vol increasing almost 4 points to 27.26%. 8/1 weekly 19.5 calls and Jul-25 19.5 puts are the most active options, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 0.39. Earnings are expected on July 30th.

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