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Peabody Energy call volume above normal and directionally bullish

Bullish option flow detected in Peabody Energy (BTU) with 46,500 calls trading, 7x expected, and implied vol increasing over 5 points to 53.99%. Jan-26 22 calls and 9/26 weekly 20 calls are the most active options, with total volume in those strikes near 34,200 contracts. The Put/Call Ratio is 0.07. Earnings are expected on October 30th.

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