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Abercrombie & Fitch call volume above normal and directionally bullish

Bullish option flow detected in Abercrombie & Fitch (ANF) with 4,926 calls trading, 1.4x expected, and implied vol increasing almost 4 points to 72.33%. 4/25 weekly 77 calls and 5/2 weekly 79 calls are the most active options, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 0.31. Earnings are expected on May 28th.

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