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Telephone and Data call volume above normal and directionally bullish

Bullish option flow detected in Telephone and Data with 2,473 calls trading, 1.1x expected, and implied vol increasing over 6 points to 55.02%. Jul-24 20 calls and Jun-24 17.5 calls are the most active options, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 0.02. Earnings are expected on August 2nd.

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