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United Airlines call volume above normal and directionally bullish

Bullish option flow detected in United Airlines (UAL) with 17,492 calls trading, 1.5x expected, and implied vol increasing over 1 point to 40.82%. Dec-25 111 calls and Dec-25 105 calls are the most active options, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 0.59. Earnings are expected on January 20th.

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