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Valero call volume above normal and directionally bullish

Bullish option flow detected in Valero with 10,335 calls trading, 9x expected, and implied vol increasing over 2 points to 32.69%. Aug-23 130 calls and 7/28 weekly 129 calls are the most active options, with total volume in those strikes near 6,700 contracts. The Put/Call Ratio is 0.06. Earnings are expected on July 27th.

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