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Applovin call volume above normal and directionally bullish

Bullish option flow detected in Applovin (APP) with 54,832 calls trading, 1.8x expected, and implied vol increasing over 4 points to 86.45%. 8/1 weekly 385 calls and Aug-25 560 calls are the most active options, with total volume in those strikes near 10,300 contracts. The Put/Call Ratio is 0.39. Earnings are expected on August 6th.

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