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Charles Schwab call volume above normal and directionally bullish

Bullish option flow detected in Charles Schwab (SCHW) with 23,645 calls trading, 16x expected, and implied vol increasing over 4 points to 28.15%. 10/3 weekly 100 calls and Nov-25 97.5 puts are the most active options, with total volume in those strikes near 19,400 contracts. The Put/Call Ratio is 0.53. Earnings are expected on October 14th.

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