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Williams call volume above normal and directionally bullish

Bullish option flow detected in Williams with 7,310 calls trading, 6x expected, and implied vol increasing over 1 point to 21.13%. Aug-23 35 calls and Jan-25 28 puts are the most active options, with total volume in those strikes near 6,700 contracts. The Put/Call Ratio is 0.15. Earnings are expected on August 2nd.

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