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Zillow call volume above normal and directionally bullish

Bullish option flow detected in Zillow (Z) with 3,491 calls trading, 1.1x expected, and implied vol increasing over 1 point to 60.54%. 5/2 weekly 70 calls and 5/2 weekly 69 calls are the most active options, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 0.17. Earnings are expected on May 7th.

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