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Apache call volume above normal and directionally bullish

Bullish option flow detected in Apache with 7,098 calls trading, 1.1x expected, and implied vol increasing almost 3 points to 45.99%. Jun-26 22.5 calls and 5/23 weekly 18 calls are the most active options, with total volume in those strikes near 6,000 contracts. The Put/Call Ratio is 0.12. Earnings are expected on August 6th.

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