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British American Tobacco call volume above normal and directionally bullish

Bullish option flow detected in British American Tobacco with 1,811 calls trading, 1.1x expected, and implied vol increasing over 1 point to 18.73%. Dec-26 35 calls and Sep-24 31 puts are the most active options, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 0.59. Earnings are expected on July 25th.

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