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Nextnav Inc call volume above normal and directionally bullish

Bullish option flow detected in Nextnav Inc with 6,788 calls trading, 5x expected, and implied vol increasing almost 8 points to 80.83%. Jan-25 3 calls and Apr-24 5 calls are the most active options, with total volume in those strikes near 3,800 contracts. The Put/Call Ratio is 0.03. Earnings are expected on May 8th.

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