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Snap Inc. call volume above normal and directionally bullish

Bullish option flow detected in Snap Inc. with 97,028 calls trading, 4x expected, and implied vol increasing over 1 point to 50.89%. Feb-24 12 calls and Feb-24 11.5 calls are the most active options, with total volume in those strikes near 33,600 contracts. The Put/Call Ratio is 0.18. Earnings are expected on April 25th.

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