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Cameco call volume above normal and directionally bullish

Bullish option flow detected in Cameco (CCJ) with 16,460 calls trading, 1.2x expected, and implied vol increasing over 1 point to 52.49%. 2/28 weekly 60 calls and Mar-25 65 calls are the most active options, with total volume in those strikes near 10,000 contracts. The Put/Call Ratio is 0.46. Earnings are expected on February 20th.

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