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Nextnav Inc call volume above normal and directionally bullish

Bullish option flow detected in Nextnav Inc with 1,766 calls trading, 1.3x expected, and implied vol increasing over 1 point to 113.29%. Apr-24 7 calls and Apr-24 9 calls are the most active options, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 0.02. Earnings are expected on May 8th.

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