Bullish option flow detected in Gap with 14,793 calls trading, 3x expected, and implied vol increasing almost 2 points to 72.95%. 5/24 weekly 21.5 calls and 5/24 weekly 21 calls are the most active options, with total volume in those strikes near 8,100 contracts. The Put/Call Ratio is 0.22. Earnings are expected on May 30th.
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