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Arbor Realty call volume above normal and directionally bullish

Bullish option flow detected in Arbor Realty (ABR) with 6,940 calls trading, 3x expected, and implied vol increasing almost 6 points to 42.06%. Sep-25 12 calls and Aug-25 12.5 calls are the most active options, with total volume in those strikes near 4,500 contracts. The Put/Call Ratio is 0.23. Earnings are expected on August 1st.

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