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Ally Financial call volume above normal and directionally bullish
The Fly

Ally Financial call volume above normal and directionally bullish

Bullish option flow detected in Ally Financial with 3,594 calls trading, 1.4x expected, and implied vol increasing almost 2 points to 34.48%. Mar-24 38 calls and 3/1 weekly 38 calls are the most active options, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 0.18. Earnings are expected on April 17th.

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