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Nu Holdings call volume above normal and directionally bullish

Bullish option flow detected in Nu Holdings with 15,940 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 34.66%. 5/31 weekly 12 calls and 5/31 weekly 12 puts are the most active options, with total volume in those strikes near 6,700 contracts. The Put/Call Ratio is 0.22. Earnings are expected on August 13th.

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