Bullish option flow detected in Snap Inc. with 41,304 calls trading, 1.7x expected, and implied vol increasing over 1 point to 61.34%. 3/3 weekly 10.5 calls and 3/3 weekly 10 calls are the most active options, with total volume in those strikes near 16,400 contracts. The Put/Call Ratio is 0.24. Earnings are expected on April 20th.
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Published first on TheFly
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