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British American Tobacco call volume above normal and directionally bullish

Bullish option flow detected in British American Tobacco with 8,663 calls trading, 3x expected, and implied vol increasing almost 2 points to 16.03%. Sep-24 36 calls and Aug-24 36 puts are the most active options, with total volume in those strikes near 7,200 contracts. The Put/Call Ratio is 0.19. Earnings are expected on February 13th.

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