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Snap Inc. call volume above normal and directionally bullish

Bullish option flow detected in Snap Inc. with 21,876 calls trading, 1.8x expected, and implied vol increasing over 2 points to 88.20%. Mar-24 18 calls and Jun-24 22 calls are the most active options, with total volume in those strikes near 12,800 contracts. The Put/Call Ratio is 0.24. Earnings are expected on February 6th.

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