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PG&E call volume above normal and directionally bullish

Bullish option flow detected in PG&E (PCG) with 44,860 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 38.64%. Sep-25 15 calls and Sep-25 16 calls are the most active options, with total volume in those strikes near 19,700 contracts. The Put/Call Ratio is 0.05. Earnings are expected on July 31st.

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