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GameStop call volume above normal and directionally bullish

Bullish option flow detected in GameStop (GME) with 94,466 calls trading, 1.8x expected, and implied vol increasing almost 5 points to 54.09%. 7/11 weekly 24 calls and 7/11 weekly 23.5 calls are the most active options, with total volume in those strikes near 17,100 contracts. The Put/Call Ratio is 0.24. Earnings are expected on September 9th.

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