Xerox call volume above normal and directionally bullish

Bullish option flow detected in Xerox (XRX) with 2,392 calls trading, 1.7x expected, and implied vol increasing over 3 points to 64.90%. Oct-25 7 calls and Oct-25 6 calls are the most active options, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 0.08. Earnings are expected on April 29th.

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