Bullish option flow detected in Ambac Financial (AMBC) with 6,057 calls trading, 1.5x expected, and implied vol increasing over 2 points to 106.29%. Aug-25 10 calls and Aug-25 9 calls are the most active options, with total volume in those strikes near 5,800 contracts. The Put/Call Ratio is 0.04. Earnings are expected on May 12th.
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