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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