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Apache call volume above normal and directionally bullish

Bullish option flow detected in Apache with 17,917 calls trading, 1.3x expected, and implied vol increasing over 3 points to 49.12%. Jun-25 21.5 calls and Oct-25 20 puts are the most active options, with total volume in those strikes near 10,800 contracts. The Put/Call Ratio is 0.37. Earnings are expected on August 6th.

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