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Apache call volume above normal and directionally bullish
The Fly

Apache call volume above normal and directionally bullish

Bullish option flow detected in Apache with 10,437 calls trading, 1.8x expected, and implied vol increasing over 7 points to 56.18%. Apr-23 30 puts and Jul-23 40 calls are the most active options, with total volume in those strikes near 4,500 contracts. The Put/Call Ratio is 0.54. Earnings are expected on May 3rd.

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