Shell PLC call volume above normal and directionally bullish

Bullish option flow detected in Shell PLC with 11,876 calls trading, 4x expected, and implied vol increasing over 1 point to 18.68%. 10/4 weekly 70 calls and Oct-24 74 calls are the most active options, with total volume in those strikes near 10,200 contracts. The Put/Call Ratio is 0.05. Earnings are expected on October 31st.

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