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Fly Leasing Ltd call volume above normal and directionally bullish

Bullish option flow detected in Fly Leasing Ltd with 17,067 calls trading, 3x expected, and implied vol increasing almost 6 points to 103.20%. 5/8 weekly 34 calls and Jun-26 45 calls are the most active options, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 0.17. Earnings are expected on August 4th.

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