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Charles Schwab call volume above normal and directionally bullish

Bullish option flow detected in Charles Schwab with 16,217 calls trading, 1.4x expected, and implied vol increasing over 5 points to 36.69%. Jan-24 67.5 calls and 6/23 weekly 54 calls are the most active options, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 0.50. Earnings are expected on July 18th.

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Published first on TheFly

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