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Bank of America call volume above normal and directionally bullish

Bullish option flow detected in Bank of America (BAC) with 82,288 calls trading, 1.3x expected, and implied vol increasing over 1 point to 33.35%. Jan-27 40 calls and Jun-25 44 calls are the most active options, with total volume in those strikes near 26,000 contracts. The Put/Call Ratio is 0.33. Earnings are expected on April 15th.

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