United Continental call volume above normal and directionally bullish
The Fly

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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