Bullish option flow detected in Red Cat (RCAT) Holdings with 22,463 calls trading, 1.6x expected, and implied vol increasing over 5 points to 116.63%. 4/24 weekly 15 calls and 4/24 weekly 13.5 calls are the most active options, with total volume in those strikes near 8,700 contracts. The Put/Call Ratio is 0.17. Earnings are expected on May 7th.
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