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Lumen Technologies call volume above normal and directionally bullish

Bullish option flow detected in Lumen (LUMN) Technologies with 14,842 calls trading, 2x expected, and implied vol increasing almost 3 points to 105.14%. Jan-25 7 puts and Jan-25 8 calls are the most active options, with total volume in those strikes near 3,900 contracts. The Put/Call Ratio is 0.40. Earnings are expected on November 5th.

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