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Nucor call volume above normal and directionally bullish

Bullish option flow detected in Nucor (NUE) with 4,328 calls trading, 1.0x expected, and implied vol increasing over 1 point to 38.18%. May-25 135 calls and 5/9 weekly 126 calls are the most active options, with total volume in those strikes near 3,200 contracts. The Put/Call Ratio is 0.20. Earnings are expected on July 28th.

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