Bullish option flow detected in Alcoa with 16,144 calls trading, 1.6x expected, and implied vol increasing over 2 points to 52.15%. 3/28 weekly 33 calls and 3/28 weekly 32.5 calls are the most active options, with total volume in those strikes near 7,200 contracts. The Put/Call Ratio is 0.38. Earnings are expected on April 17th.
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