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Trump Media call volume above normal and directionally bullish

Bullish option flow detected in Trump Media (DJT) with 38,686 calls trading, 1.3x expected, and implied vol increasing over 1 point to 56.83%. Aug-25 18 calls and 8/22 weekly 18 calls are the most active options, with total volume in those strikes near 20,300 contracts. The Put/Call Ratio is 0.10. Earnings are expected on November 7th.

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