Bullish option flow detected in UPS with 12,264 calls trading, 1.9x expected, and implied vol increasing over 2 points to 24.65%. Aug-24 120 puts and 7/5 weekly 137 calls are the most active options, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 0.48. Earnings are expected on August 6th.
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