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Colgate Palmolive call volume above normal and directionally bullish

Bullish option flow detected in Colgate Palmolive with 1,797 calls trading, 1.5x expected, and implied vol increasing over 1 point to 17.53%. 12/9 weekly 77.5 calls and Feb-23 82.5 calls are the most active options, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 0.18. Earnings are expected on January 27th.

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Published first on TheFly

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