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Gitlab call volume above normal and directionally bullish

Bullish option flow detected in Gitlab (GTLB) with 8,225 calls trading, 3x expected, and implied vol increasing almost 2 points to 64.86%. Sep-26 22.5 calls and May-26 27.5 calls are the most active options, with total volume in those strikes near 5,500 contracts. The Put/Call Ratio is 0.07. Earnings are expected on June 9th.

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