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Shell PLC call volume above normal and directionally bullish

Bullish option flow detected in Shell PLC with 4,565 calls trading, 1.1x expected, and implied vol increasing over 1 point to 22.97%. Nov-24 67.5 calls and Jan-25 67.5 calls are the most active options, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 0.33. Earnings are expected on October 31st.

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