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New York Community Bancorp call volume above normal and directionally bullish

Bullish option flow detected in New York Community Bancorp with 4,405 calls trading, 1.6x expected, and implied vol increasing almost 20 points to 49.21%. Jan-24 11 calls and Jan-24 12 calls are the most active options, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 0.15. Earnings are expected on July 26th.

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Published first on TheFly

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