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Bank of America call volume above normal and directionally bullish

Bullish option flow detected in Bank of America with 59,094 calls trading, 1.9x expected, and implied vol increasing over 2 points to 34.00%. Jan-23 33 calls and 1/13 weekly 33.5 calls are the most active options, with total volume in those strikes near 17,500 contracts. The Put/Call Ratio is 0.33. Earnings are expected on January 13th.

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