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Johnson Controls call volume above normal and directionally bullish

Bullish option flow detected in Johnson Controls (JCI) with 4,094 calls trading, 1.4x expected, and implied vol increasing almost 4 points to 45.95%. Jun-25 95 calls and Jun-25 85 calls are the most active options, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 0.07. Earnings are expected on May 7th.

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