Bullish option flow detected in Arbor Realty (ABR) with 14,848 calls trading, 7x expected, and implied vol increasing almost 18 points to 57.90%. Sep-25 13 calls and Sep-25 16 calls are the most active options, with total volume in those strikes near 6,300 contracts. The Put/Call Ratio is 0.45. Earnings are expected on August 1st.
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