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Cameco call volume above normal and directionally bullish

Bullish option flow detected in Cameco with 36,724 calls trading, 1.8x expected, and implied vol increasing almost 2 points to 36.75%. Jul-23 37 calls and Jul-23 25 puts are the most active options, with total volume in those strikes near 71,600 contracts. The Put/Call Ratio is 0.10. Earnings are expected on August 2nd.

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