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Nutrien call volume above normal and directionally bullish

Bullish option flow detected in Nutrien with 5,649 calls trading, 4x expected, and implied vol increasing over 2 points to 27.41%. May-24 57.5 calls and 5/10 weekly 58 calls are the most active options, with total volume in those strikes near 4,400 contracts. The Put/Call Ratio is 0.05. Earnings are expected on May 8th.

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