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General Motors call volume above normal and directionally bullish

Bullish option flow detected in General Motors with 10,623 calls trading, 1.0x expected, and implied vol increasing over 1 point to 40.56%. 4/14 weekly 35.5 calls and 4/6 weekly 36.5 calls are the most active options, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 0.33. Earnings are expected on April 25th.

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Published first on TheFly

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