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Zscaler call volume above normal and directionally bullish
The Fly

Zscaler call volume above normal and directionally bullish

Bullish option flow detected in Zscaler with 20,623 calls trading, 4x expected, and implied vol increasing almost 2 points to 60.27%. 5/10 weekly 185 calls and May-24 185 calls are the most active options, with total volume in those strikes near 12,600 contracts. The Put/Call Ratio is 0.57. Earnings are expected on May 30th.

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