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Red Cat Holdings call volume above normal and directionally bullish

Bullish option flow detected in Red Cat (RCAT) Holdings with 10,895 calls trading, 2x expected, and implied vol increasing almost 2 points to 102.19%. May-25 8 calls and May-25 7 calls are the most active options, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 0.14. Earnings are expected on May 14th.

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