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Zillow call volume above normal and directionally bullish

Bullish option flow detected in Zillow with 5,050 calls trading, 1.8x expected, and implied vol increasing over 2 points to 48.73%. Aug-23 55 calls and Apr-23 45 calls are the most active options, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 0.55. Earnings are expected on May 4th.

Published first on TheFly

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