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Verizon call volume above normal and directionally bullish

Bullish option flow detected in Verizon (VZ) with 76,072 calls trading, 3x expected, and implied vol increasing almost 2 points to 21.81%. 5/9 weekly 45 calls and 5/9 weekly 45.5 calls are the most active options, with total volume in those strikes near 61,600 contracts. The Put/Call Ratio is 0.08. Earnings are expected on July 21st.

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