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UBS call volume above normal and directionally bullish

Bullish option flow detected in UBS (UBS) with 3,292 calls trading, 1.9x expected, and implied vol increasing almost 2 points to 30.48%. Jun-25 32.5 calls and Jul-25 32.5 calls are the most active options, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 0.29. Earnings are expected on July 30th.

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