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Splunk call volume above normal and directionally bullish
The Fly

Splunk call volume above normal and directionally bullish

Bullish option flow detected in Splunk with 4,712 calls trading, 1.5x expected, and implied vol increasing over 1 point to 47.77%. Mar-23 90 calls and Feb-23 95 calls are the most active options, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 0.50. Earnings are expected on March 1st.

Published first on TheFly

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