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Emerson call volume above normal and directionally bullish

Bullish option flow detected in Emerson with 3,187 calls trading, 3x expected, and implied vol increasing over 1 point to 25.44%. Apr-23 85 calls and May-23 87.5 calls are the most active options, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 0.12. Earnings are expected on May 3rd.

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Published first on TheFly

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