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ConocoPhillips call volume above normal and directionally bullish

Bullish option flow detected in ConocoPhillips with 7,737 calls trading, 1.2x expected, and implied vol increasing over 2 points to 26.12%. Sep-23 105 calls and Jun-24 110 calls are the most active options, with total volume in those strikes near 3,900 contracts. The Put/Call Ratio is 0.43. Earnings are expected on November 2nd.

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