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United Continental call volume above normal and directionally bullish

Bullish option flow detected in United Continental with 14,517 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 41.68%. May-24 46 calls and May-24 45 puts are the most active options, with total volume in those strikes near 6,000 contracts. The Put/Call Ratio is 0.50. Earnings are expected on April 16th.

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