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United Continental call volume above normal and directionally bullish

Bullish option flow detected in United Continental with 22,134 calls trading, 1.3x expected, and implied vol increasing almost 5 points to 53.46%. Aug-24 50 calls and Jul-24 55 calls are the most active options, with total volume in those strikes near 7,200 contracts. The Put/Call Ratio is 0.55. Earnings are expected on July 17th.

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