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Red Cat Holdings call volume above normal and directionally bullish

Bullish option flow detected in Red Cat (RCAT) Holdings with 10,992 calls trading, 2x expected, and implied vol increasing almost 4 points to 92.26%. Jun-25 7 calls and 5/2 weekly 5.5 calls are the most active options, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 0.12. Earnings are expected on May 15th.

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