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Peabody Energy call volume above normal and directionally bullish

Bullish option flow detected in Peabody Energy with 17,338 calls trading, 4x expected, and implied vol increasing almost 3 points to 37.75%. Oct-23 24 calls and Oct-23 25 calls are the most active options, with total volume in those strikes near 10,900 contracts. The Put/Call Ratio is 0.17. Earnings are expected on November 2nd.

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