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Southwest call volume above normal and directionally bullish

Bullish option flow detected in Southwest with 20,613 calls trading, 2x expected, and implied vol increasing over 1 point to 38.88%. 1/26 weekly 31 calls and Jan-24 30 calls are the most active options, with total volume in those strikes near 16,000 contracts. The Put/Call Ratio is 0.15. Earnings are expected on January 25th.

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