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Arbor Realty call volume above normal and directionally bullish

Bullish option flow detected in Arbor Realty (ABR) with 8,741 calls trading, 4x expected, and implied vol increasing over 4 points to 46.61%. Jul-25 14 calls and Jun-25 13 calls are the most active options, with total volume in those strikes near 7,400 contracts. The Put/Call Ratio is 0.06. Earnings are expected on May 2nd.

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