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GameStop call volume above normal and directionally bullish
The Fly

GameStop call volume above normal and directionally bullish

Bullish option flow detected in GameStop with 46,925 calls trading, 2x expected, and implied vol increasing over 1 point to 70.97%. May-24 12 calls and May-24 15 calls are the most active options, with total volume in those strikes near 18,600 contracts. The Put/Call Ratio is 0.04. Earnings are expected on June 5th.

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