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Snap Inc. call volume above normal and directionally bullish

Bullish option flow detected in Snap Inc. with 34,132 calls trading, 3x expected, and implied vol increasing almost 6 points to 73.70%. Dec-22 9 puts and Dec-22 9 calls are the most active options, with total volume in those strikes near 9,400 contracts. The Put/Call Ratio is 0.60. Earnings are expected on February 2nd.

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