Bullish option flow detected in Red Cat (RCAT) Holdings with 5,834 calls trading, 1.5x expected, and implied vol increasing over 3 points to 102.90%. 1/2 weekly 8.5 calls and 1/9 weekly 8.5 calls are the most active options, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 0.16. Earnings are expected on March 31st.
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