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BP call volume above normal and directionally bullish

Bullish option flow detected in BP with 17,935 calls trading, 1.3x expected, and implied vol increasing over 1 point to 29.31%. Oct-24 34 calls and Oct-24 32 calls are the most active options, with total volume in those strikes near 8,000 contracts. The Put/Call Ratio is 0.24. Earnings are expected on October 29th.

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