Bullish option flow detected in Gap with 4,369 calls trading, 1.2x expected, and implied vol increasing over 9 points to 69.79%. 5/10 weekly 21.5 calls and 5/10 weekly 22.5 calls are the most active options, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 0.63. Earnings are expected on May 30th.
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