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Arbor Realty call volume above normal and directionally bullish

Bullish option flow detected in Arbor Realty with 52,368 calls trading, 12x expected, and implied vol increasing almost 9 points to 48.34%. Jun-24 15 calls and Jun-24 16 calls are the most active options, with total volume in those strikes near 21,300 contracts. The Put/Call Ratio is 0.17. Earnings are expected on July 26th.

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