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Credo Technology Group call volume above normal and directionally bullish

Bullish option flow detected in Credo Technology (CRDO) Group with 3,131 calls trading, 1.1x expected, and implied vol increasing over 2 points to 103.74%. May-26 200 calls and 5/8 weekly 180 calls are the most active options, with total volume in those strikes near 980 contracts. The Put/Call Ratio is 0.38. Earnings are expected on June 1st.

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