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Xerox call volume above normal and directionally bullish

Bullish option flow detected in Xerox with 2,459 calls trading, 3x expected, and implied vol increasing almost 2 points to 69.94%. Oct-24 12 calls and Jul-24 11 puts are the most active options, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 0.34. Earnings are expected on July 23rd.

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