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BHP Billiton call volume above normal and directionally bullish

Bullish option flow detected in BHP Billiton with 14,972 calls trading, 9x expected, and implied vol increasing over 2 points to 34.16%. Jan-27 80 calls and Feb-26 80 calls are the most active options, with total volume in those strikes near 11,800 contracts. The Put/Call Ratio is 0.04. Earnings are expected on February 16th.

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