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Citi call volume above normal and directionally bullish

Bullish option flow detected in Citi with 66,768 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 28.72%. 6/14 weekly 60 calls and 6/14 weekly 59 calls are the most active options, with total volume in those strikes near 12,500 contracts. The Put/Call Ratio is 0.54. Earnings are expected on July 12th.

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