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Valley National call volume above normal and directionally bullish
The Fly

Valley National call volume above normal and directionally bullish

Bullish option flow detected in Valley National with 5,237 calls trading, 5x expected, and implied vol increasing almost 5 points to 57.09%. Sep-24 10 calls and Apr-24 9 puts are the most active options, with total volume in those strikes near 5,500 contracts. The Put/Call Ratio is 0.25. Earnings are expected on April 25th.

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