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Arbor Realty call volume above normal and directionally bullish

Bullish option flow detected in Arbor Realty (ABR) with 12,790 calls trading, 6x expected, and implied vol increasing over 3 points to 41.83%. Sep-25 16 calls and 7/25 weekly 11.5 calls are the most active options, with total volume in those strikes near 10,700 contracts. The Put/Call Ratio is 0.03. Earnings are expected on August 1st.

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