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Canadian Natural call volume above normal and directionally bullish

Canadian Natural call volume above normal and directionally bullish

Bullish option flow detected in Canadian Natural (CNQ) with 3,024 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 29.84%. 2/7 weekly 30.5 calls and Feb-25 32.5 calls are the most active options, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 0.30.

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