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Calumet Specialty Products call volume above normal and directionally bullish

Bullish option flow detected in Calumet Specialty Products with 1,691 calls trading, 1.2x expected, and implied vol increasing over 2 points to 82.12%. Sep-24 17 calls and Sep-24 19 calls are the most active options, with total volume in those strikes near 800 contracts. The Put/Call Ratio is 0.03. Earnings are expected on November 7th.

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