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GameStop call volume above normal and directionally bullish

Bullish option flow detected in GameStop (GME) with 79,099 calls trading, 1.9x expected, and implied vol increasing over 11 points to 73.30%. 5/9 weekly 27.5 calls and 5/9 weekly 27 calls are the most active options, with total volume in those strikes near 18,400 contracts. The Put/Call Ratio is 0.10. Earnings are expected on June 6th.

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