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UWM Holdings Corp call volume above normal and directionally bullish

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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