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Walgreen Boots call volume above normal and directionally bullish

Bullish option flow detected in Walgreen Boots with 39,239 calls trading, 4x expected, and implied vol increasing over 5 points to 13.78%. May-25 11.5 calls and 5/9 weekly 11.5 calls are the most active options, with total volume in those strikes near 33,200 contracts. The Put/Call Ratio is 0.06. Earnings are expected on June 26th.

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