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United Continental call volume above normal and directionally bullish

Bullish option flow detected in United Continental with 9,205 calls trading, 1.2x expected, and implied vol increasing over 1 point to 46.76%. Aug-24 52.5 calls and 7/12 weekly 55 calls are the most active options, with total volume in those strikes near 6,700 contracts. The Put/Call Ratio is 0.20. Earnings are expected on July 17th.

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