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Peabody Energy call volume above normal and directionally bullish

Bullish option flow detected in Peabody Energy (BTU) with 11,442 calls trading, 1.1x expected, and implied vol increasing over 1 point to 52.27%. 3/28 weekly 14.5 calls and 4/4 weekly 15 calls are the most active options, with total volume in those strikes near 4,700 contracts. The Put/Call Ratio is 0.11. Earnings are expected on May 1st.

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