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PG&E call volume above normal and directionally bullish

Bullish option flow detected in PG&E (PCG) with 42,113 calls trading, 1.8x expected, and implied vol increasing over 4 points to 41.94%. Sep-25 18 calls and Sep-25 16 calls are the most active options, with total volume in those strikes near 29,600 contracts. The Put/Call Ratio is 0.09. Earnings are expected on July 31st.

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