Bullish option flow detected in Snap Inc. with 52,975 calls trading, 2x expected, and implied vol increasing almost 2 points to 62.26%. 3/3 weekly 10.5 calls and 3/10 weekly 11 calls are the most active options, with total volume in those strikes near 24,700 contracts. The Put/Call Ratio is 0.08. Earnings are expected on April 20th.
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Published first on TheFly
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