Fly Leasing Ltd call volume above normal and directionally bullish

Bullish option flow detected in Fly Leasing Ltd with 11,287 calls trading, 1.6x expected, and implied vol increasing over 3 points to 108.59%. Apr-26 40 calls and May-26 40 calls are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.26. Earnings are expected on May 12th.

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