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Johnson Controls call volume above normal and directionally bullish

Bullish option flow detected in Johnson Controls (JCI) with 6,477 calls trading, 3x expected, and implied vol increasing over 2 points to 42.36%. May-25 85 calls and Jun-25 82.5 calls are the most active options, with total volume in those strikes near 4,400 contracts. The Put/Call Ratio is 0.06. Earnings are expected on May 7th.

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