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General Motors call volume above normal and directionally bullish

Bullish option flow detected in General Motors with 84,001 calls trading, 3x expected, and implied vol increasing almost 2 points to 38.21%. 11/3 weekly 30 calls and Jan-24 35 calls are the most active options, with total volume in those strikes near 36,400 contracts. The Put/Call Ratio is 0.42. Earnings are expected on January 30th.

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