Snowflake call volume above normal and directionally bullish

Bullish option flow detected in Snowflake with 7,867 calls trading, 1.1x expected, and implied vol increasing almost 2 points to 40.81%. 9/8 weekly 162.5 calls and Sep-23 155 calls are the most active options, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 0.43. Earnings are expected on November 29th.