Bullish option flow detected in Red Cat (RCAT) Holdings with 40,436 calls trading, 8x expected, and implied vol increasing over 24 points to 204.26%. Dec-24 10 calls and Jan-25 10 calls are the most active options, with total volume in those strikes near 9,400 contracts. The Put/Call Ratio is 0.18. Earnings are expected on December 16th.
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