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ArcelorMittal call volume above normal and directionally bullish

Bullish option flow detected in ArcelorMittal (MT) with 5,137 calls trading, 4x expected, and implied vol increasing over 5 points to 42.60%. Sep-25 39 calls and Jun-25 34 puts are the most active options, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 0.54. Earnings are expected on May 2nd.

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