Bullish option flow detected in Gap with 20,128 calls trading, 3x expected, and implied vol increasing almost 2 points to 51.08%. 8/23 weekly 24 calls and 8/23 weekly 24.5 calls are the most active options, with total volume in those strikes near 8,600 contracts. The Put/Call Ratio is 0.11. Earnings are expected on August 22nd.
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