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Medtronic call volume above normal and directionally bullish

Bullish option flow detected in Medtronic with 3,365 calls trading, 1.1x expected, and implied vol increasing over 2 points to 24.75%. Aug-24 86 calls and 8/2 weekly 81 calls are the most active options, with total volume in those strikes near 790 contracts. The Put/Call Ratio is 0.23. Earnings are expected on August 20th.

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