Bullish option flow detected in Applovin with 6,385 calls trading, 3x expected, and implied vol increasing almost 5 points to 80.75%. 4/26 weekly 74 calls and 5/3 weekly 71 calls are the most active options, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 0.35. Earnings are expected on May 8th.
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