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General Motors call volume above normal and directionally bullish

Bullish option flow detected in General Motors (GM) with 16,190 calls trading, 1.0x expected, and implied vol increasing over 1 point to 34.77%. 3/7 weekly 52 calls and 3/7 weekly 49 puts are the most active options, with total volume in those strikes near 6,100 contracts. The Put/Call Ratio is 0.59. Earnings are expected on April 29th.

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