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Cameco call volume above normal and directionally bullish

Bullish option flow detected in Cameco with 20,925 calls trading, 1.7x expected, and implied vol increasing almost 2 points to 49.27%. 10/6 weekly 36 calls and Nov-23 35 puts are the most active options, with total volume in those strikes near 5,500 contracts. The Put/Call Ratio is 0.52. Earnings are expected on October 31st.

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