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Annaly Capital call volume above normal and directionally bullish

Bullish option flow detected in Annaly Capital (NLY) with 29,893 calls trading, 3x expected, and implied vol increasing almost 2 points to 29.42%. 1/23 weekly 24.5 calls and Jan-26 24 calls are the most active options, with total volume in those strikes near 21,600 contracts. The Put/Call Ratio is 0.13. Earnings are expected on January 28th.

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