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ConocoPhillips call volume above normal and directionally bullish

ConocoPhillips call volume above normal and directionally bullish

Bullish option flow detected in ConocoPhillips with 8,555 calls trading, 1.3x expected, and implied vol increasing over 1 point to 25.26%. Nov-24 125 calls and Jul-24 117 calls are the most active options, with total volume in those strikes near 2,900 contracts. The Put/Call Ratio is 0.31. Earnings are expected on August 1st.

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