Bullish option flow detected in Gap with 4,686 calls trading, 1.8x expected, and implied vol increasing over 2 points to 64.93%. 2/24 weekly 13.5 calls and Feb-23 13.5 puts are the most active options, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 0.35. Earnings are expected on March 2nd.
Published first on TheFly
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