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GSK Pharma call volume above normal and directionally bullish
The Fly

GSK Pharma call volume above normal and directionally bullish

Bullish option flow detected in GSK Pharma with 4,550 calls trading, 2x expected, and implied vol increasing over 2 points to 21.24%. 5/5 weekly 37.5 calls and 5/5 weekly 37 calls are the most active options, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 0.10. Earnings are expected on July 26th.

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