Bullish option flow detected in Gap with 17,146 calls trading, 4x expected, and implied vol increasing almost 5 points to 72.22%. May-24 22.5 calls and 5/24 weekly 21.5 calls are the most active options, with total volume in those strikes near 15,700 contracts. The Put/Call Ratio is 0.05. Earnings are expected on May 30th.
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