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Verizon call volume above normal and directionally bullish

Bullish option flow detected in Verizon with 18,798 calls trading, 1.7x expected, and implied vol increasing over 1 point to 20.61%. Dec-22 38 calls and Dec-22 38.5 calls are the most active options, with total volume in those strikes near 5,100 contracts. The Put/Call Ratio is 0.24. Earnings are expected on January 24th.

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