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Nextnav Inc call volume above normal and directionally bullish

Bullish option flow detected in Nextnav Inc with 5,226 calls trading, 2x expected, and implied vol increasing over 7 points to 86.06%. May-24 10 calls and Jun-24 10 calls are the most active options, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 0.34. Earnings are expected on May 8th.

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