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Confluent call volume above normal and directionally bullish

Confluent call volume above normal and directionally bullish

Bullish option flow detected in Confluent (CFLT) with 10,289 calls trading, 1.7x expected, and implied vol increasing almost 2 points to 53.62%. Mar-25 32 calls and Mar-25 34 calls are the most active options, with total volume in those strikes near 4,200 contracts. The Put/Call Ratio is 0.18. Earnings are expected on May 7th.

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