Bullish option flow detected in Gap with 4,753 calls trading, 1.1x expected, and implied vol increasing over 6 points to 58.15%. Aug-24 22 calls and 7/26 weekly 24 calls are the most active options, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 0.34. Earnings are expected on August 22nd.
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