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Confluent call volume above normal and directionally bullish

Bullish option flow detected in Confluent (CFLT) with 10,397 calls trading, 1.8x expected, and implied vol increasing almost 3 points to 80.18%. Oct-25 22 calls and Oct-25 25 calls are the most active options, with total volume in those strikes near 6,500 contracts. The Put/Call Ratio is 0.10. Earnings are expected on October 27th.

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