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BHP Billiton call volume above normal and directionally bullish

Bullish option flow detected in BHP Billiton with 2,902 calls trading, 1.7x expected, and implied vol increasing over 1 point to 30.48%. Oct-24 60 calls and Jan-25 60 puts are the most active options, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 0.29. Earnings are expected on February 20th.

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