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Archer Daniels call volume above normal and directionally bullish

Bullish option flow detected in Archer Daniels with 14,310 calls trading, 2x expected, and implied vol increasing over 1 point to 33.86%. Mar-24 60 calls and 3/8 weekly 54 calls are the most active options, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 0.25. Earnings are expected on March 12th.

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