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UWM Holdings Corp call volume above normal and directionally bullish

Bullish option flow detected in UWM Holdings Corp with 11,367 calls trading, 5x expected, and implied vol increasing almost 7 points to 58.23%. 5/10 weekly 7 calls and Nov-24 4 puts are the most active options, with total volume in those strikes near 11,200 contracts. The Put/Call Ratio is 0.03. Earnings are expected on May 9th.

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