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Intel call volume above normal and directionally bullish

Bullish option flow detected in Intel with 98,477 calls trading, 3x expected, and implied vol increasing over 3 points to 37.60%. Jul-23 33 calls and Jun-23 32 calls are the most active options, with total volume in those strikes near 24,100 contracts. The Put/Call Ratio is 0.23. Earnings are expected on July 27th.

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Published first on TheFly

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