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Western Alliance call volume above normal and directionally bullish

Bullish option flow detected in Western Alliance with 8,637 calls trading, 5x expected, and implied vol increasing over 1 point to 49.50%. Sep-24 90 calls and Sep-24 75 calls are the most active options, with total volume in those strikes near 5,300 contracts. The Put/Call Ratio is 0.07. Earnings are expected on April 16th.

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