Bullish option flow detected in Snap Inc. with 90,912 calls trading, 2x expected, and implied vol increasing over 2 points to 92.42%. 3/31 weekly 12.5 calls and Apr-23 15 calls are the most active options, with total volume in those strikes near 19,700 contracts. The Put/Call Ratio is 0.26. Earnings are expected on April 20th.
Published first on TheFly
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