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Virgin Galactic call volume above normal and directionally bullish

Bullish option flow detected in Virgin Galactic with 4,703 calls trading, 1.7x expected, and implied vol increasing almost 3 points to 148.42%. 7/26 weekly 8 calls and 7/26 weekly 7 calls are the most active options, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 0.14. Earnings are expected on July 30th.

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