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Gap Inc call volume above normal and directionally bullish

Gap Inc call volume above normal and directionally bullish

Bullish option flow detected in Gap (GAP) Inc with 17,753 calls trading, 1.7x expected, and implied vol increasing almost 3 points to 42.33%. Dec-24 26 calls and Mar-25 25 calls are the most active options, with total volume in those strikes near 15,000 contracts. The Put/Call Ratio is 0.11. Earnings are expected on March 13th.

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