Bullish option flow detected in Gap with 5,302 calls trading, 1.7x expected, and implied vol increasing almost 6 points to 62.29%. May-24 20.5 calls and Jun-24 24 calls are the most active options, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 0.29. Earnings are expected on May 30th.
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