Bullish option flow detected in Snap Inc. with 81,149 calls trading, 1.6x expected, and implied vol increasing over 5 points to 72.85%. 12/9 weekly 9.5 calls and 12/9 weekly 10 calls are the most active options, with total volume in those strikes near 19,200 contracts. The Put/Call Ratio is 0.44. Earnings are expected on February 2nd.
Published first on TheFly
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