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Red Cat Holdings call volume above normal and directionally bullish

Red Cat Holdings call volume above normal and directionally bullish

Bullish option flow detected in Red Cat (RCAT) Holdings with 24,818 calls trading, 1.8x expected, and implied vol increasing almost 20 points to 157.54%. 2/28 weekly 11 calls and 2/28 weekly 10 calls are the most active options, with total volume in those strikes near 8,000 contracts. The Put/Call Ratio is 0.24. Earnings are expected on March 17th.

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