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Gap Inc call volume above normal and directionally bullish

Bullish option flow detected in Gap (GAP) Inc with 4,813 calls trading, 1.4x expected, and implied vol increasing almost 9 points to 63.13%. Jun-25 32 calls and Dec-25 40 calls are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.26. Earnings are expected on May 29th.

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