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Lumen Technologies call volume above normal and directionally bullish

Bullish option flow detected in Lumen (LUMN) Technologies with 11,634 calls trading, 1.8x expected, and implied vol increasing over 1 point to 78.50%. 5/1 weekly 7.5 calls and 4/24 weekly 6.5 puts are the most active options, with total volume in those strikes near 5,900 contracts. The Put/Call Ratio is 0.27. Earnings are expected on April 30th.

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