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Wal-Mart call volume above normal and directionally bullish

Wal-Mart call volume above normal and directionally bullish

Bullish option flow detected in Wal-Mart with 21,448 calls trading, 1.1x expected, and implied vol increasing almost 2 points to 29.79%. Nov-24 85 calls and Nov-24 86 calls are the most active options, with total volume in those strikes near 6,300 contracts. The Put/Call Ratio is 0.35. Earnings are expected on November 19th.

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