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Square call volume above normal and directionally bullish
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Square call volume above normal and directionally bullish

Bullish option flow detected in Square with 72,497 calls trading, 3x expected, and implied vol increasing over 2 points to 47.81%. 3/8 weekly 82 calls and 3/8 weekly 80 calls are the most active options, with total volume in those strikes near 13,700 contracts. The Put/Call Ratio is 0.31. Earnings are expected on May 2nd.

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