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Academy Sports and Outdoors call volume above normal and directionally bullish

Bullish option flow detected in Academy Sports and Outdoors with 3,860 calls trading, 1.7x expected, and implied vol increasing over 1 point to 37.52%. Jul-23 55 calls and Oct-23 50 calls are the most active options, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 0.51. Earnings are expected on September 7th.

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