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Ford call volume above normal and directionally bullish

Bullish option flow detected in Ford with 65,822 calls trading, 1.4x expected, and implied vol increasing over 1 point to 26.58%. May-24 12.5 calls and Jun-24 11.82 puts are the most active options, with total volume in those strikes near 24,600 contracts. The Put/Call Ratio is 0.54. Earnings are expected on July 24th.

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