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IONQ call volume above normal and directionally bullish

Bullish option flow detected in IONQ with 9,533 calls trading, 1.4x expected, and implied vol increasing almost 6 points to 103.73%. Aug-23 16 calls and 8/25 weekly 16 calls are the most active options, with total volume in those strikes near 4,600 contracts. The Put/Call Ratio is 0.14. Earnings are expected on November 13th.

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