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Johnson Controls call volume above normal and directionally bullish

Bullish option flow detected in Johnson Controls with 9,377 calls trading, 4x expected, and implied vol increasing over 1 point to 20.16%. May-24 67.5 calls and Jun-24 72.5 calls are the most active options, with total volume in those strikes near 4,400 contracts. The Put/Call Ratio is 0.09. Earnings are expected on August 1st.

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