Bullish option flow detected in Alcoa with 15,087 calls trading, 4x expected, and implied vol increasing over 1 point to 48.33%. Jan-24 28 calls and Dec-23 26.5 calls are the most active options, with total volume in those strikes near 8,700 contracts. The Put/Call Ratio is 0.30. Earnings are expected on January 17th.
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