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Teck Resources call volume above normal and directionally bullish

Bullish option flow detected in Teck Resources with 3,913 calls trading, 1.4x expected, and implied vol increasing over 3 points to 37.52%. 8/2 weekly 50 calls and 8/2 weekly 44 calls are the most active options, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 0.22. Earnings are expected on October 24th.

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