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Annaly Capital call volume above normal and directionally bullish

Bullish option flow detected in Annaly Capital (NLY) with 71,360 calls trading, 6x expected, and implied vol increasing over 39 points to 59.01%. 9/12 weekly 23 calls and Sep-25 23 calls are the most active options, with total volume in those strikes near 60,900 contracts. The Put/Call Ratio is 0.04. Earnings are expected on October 29th.

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