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Gitlab call volume above normal and directionally bullish

Bullish option flow detected in Gitlab (GTLB) with 5,734 calls trading, 1.0x expected, and implied vol increasing over 1 point to 89.89%. Sep-27 40 calls and Jan-27 15 puts are the most active options, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 0.50. Earnings are expected on June 9th.

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