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Valley National call volume above normal and directionally bullish

Bullish option flow detected in Valley National with 3,369 calls trading, 3x expected, and implied vol increasing almost 2 points to 48.81%. Jan-25 10 calls and Aug-24 8 calls are the most active options, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 0.02. Earnings are expected on July 25th.

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