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Zillow call volume above normal and directionally bullish

Bullish option flow detected in Zillow (Z) with 2,525 calls trading, 1.0x expected, and implied vol increasing almost 6 points to 66.68%. Jun-25 77.5 calls and May-25 72.5 calls are the most active options, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 0.46. Earnings are expected on May 7th.

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