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Southwest call volume above normal and directionally bullish

Bullish option flow detected in Southwest with 8,177 calls trading, 1.5x expected, and implied vol increasing almost 2 points to 31.18%. 12/9 weekly 41 calls and 12/9 weekly 40 calls are the most active options, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 0.34. Earnings are expected on January 26th.

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Published first on TheFly

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