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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 11,167 calls trading, 1.7x expected, and implied vol increasing almost 5 points to 59.34%. Mar-25 33 calls and Mar-25 30 calls are the most active options, with total volume in those strikes near 7,300 contracts. The Put/Call Ratio is 0.04. Earnings are expected on May 7th.

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