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Gap Inc call volume above normal and directionally bullish

Bullish option flow detected in Gap (GAP) Inc with 8,286 calls trading, 1.2x expected, and implied vol increasing over 1 point to 61.45%. 8/29 weekly 19.5 calls and 8/8 weekly 19.5 calls are the most active options, with total volume in those strikes near 4,800 contracts. The Put/Call Ratio is 0.10. Earnings are expected on August 28th.

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