Bullish option flow detected in Snap Inc. with 95,725 calls trading, 5x expected, and implied vol increasing almost 8 points to 64.43%. 3/10 weekly 12 calls and 3/10 weekly 11.5 calls are the most active options, with total volume in those strikes near 20,500 contracts. The Put/Call Ratio is 0.34. Earnings are expected on April 20th.
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Published first on TheFly
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