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Redfin call volume above normal and directionally bullish

Bullish option flow detected in Redfin with 17,356 calls trading, 8x expected, and implied vol increasing almost 14 points to 81.91%. 6/30 weekly 13.5 calls and Aug-23 11 puts are the most active options, with total volume in those strikes near 7,800 contracts. The Put/Call Ratio is 0.47. Earnings are expected on August 3rd.

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