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General Electric call volume above normal and directionally bullish

Bullish option flow detected in General Electric with 5,313 calls trading, 1.4x expected, and implied vol increasing almost 146 points to 184.64%. Jan-23 20 (nonstd GE1) calls and Jan-23 12 (nonstd GE1) calls are the most active options, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 0.17. Earnings are expected on January 24th.

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Published first on TheFly

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