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Truist Financial call volume above normal and directionally bullish

Bullish option flow detected in Truist Financial with 19,940 calls trading, 8x expected, and implied vol increasing over 1 point to 51.00%. May-23 34 calls and May-23 33 calls are the most active options, with total volume in those strikes near 18,000 contracts. The Put/Call Ratio is 0.16. Earnings are expected on July 20th.

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Published first on TheFly

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