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Calumet Specialty Products call volume above normal and directionally bullish

Bullish option flow detected in Calumet Specialty Products (CLMT) with 4,596 calls trading, 2x expected, and implied vol increasing over 3 points to 67.62%. Jan-25 25 calls and Feb-25 12 puts are the most active options, with total volume in those strikes near 3,900 contracts. The Put/Call Ratio is 0.34. Earnings are expected on February 21st.

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