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Red Cat Holdings call volume above normal and directionally bullish

Bullish option flow detected in Red Cat (RCAT) Holdings with 23,957 calls trading, 6x expected, and implied vol increasing almost 27 points to 121.15%. Jun-25 7 calls and 6/6 weekly 7 calls are the most active options, with total volume in those strikes near 7,600 contracts. The Put/Call Ratio is 0.06. Earnings are expected on August 14th.

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