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US Steel call volume above normal and directionally bullish

Bullish option flow detected in US Steel with 25,761 calls trading, 1.1x expected, and implied vol increasing over 17 points to 69.09%. May-25 45 calls and 4/11 weekly 41 puts are the most active options, with total volume in those strikes near 18,000 contracts. The Put/Call Ratio is 0.35. Earnings are expected on May 1st.

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