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Lumen Technologies call volume above normal and directionally bullish

Bullish option flow detected in Lumen (LUMN) Technologies with 30,374 calls trading, 1.8x expected, and implied vol increasing over 3 points to 71.17%. 6/5 weekly 10 calls and May-26 10 calls are the most active options, with total volume in those strikes near 8,600 contracts. The Put/Call Ratio is 0.10. Earnings are expected on July 30th.

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