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BHP Billiton call volume above normal and directionally bullish

Bullish option flow detected in BHP Billiton with 2,656 calls trading, 1.8x expected, and implied vol increasing over 1 point to 25.78%. Jan-24 55 puts and Jan-24 60 calls are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.65. Earnings are expected on February 22nd.

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