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Babcock & Wilcox call volume above normal and directionally bullish

Bullish option flow detected in Babcock & Wilcox (BW) with 3,828 calls trading, 3x expected, and implied vol increasing almost 4 points to 120.79%. Mar-26 12.5 calls and Mar-26 10 calls are the most active options, with total volume in those strikes near 3,400 contracts. The Put/Call Ratio is 0.07. Earnings are expected on May 4th.

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