Confluent call volume above normal and directionally bullish
The Fly

Confluent call volume above normal and directionally bullish

Bullish option flow detected in Confluent with 4,995 calls trading, 3x expected, and implied vol increasing over 3 points to 87.70%. Mar-24 26 calls and Mar-24 28 calls are the most active options, with total volume in those strikes near 3,200 contracts. The Put/Call Ratio is 0.10. Earnings are expected on February 7th.

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