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Reddit Inc call volume above normal and directionally bullish

Reddit Inc call volume above normal and directionally bullish

Bullish option flow detected in Reddit Inc with 17,460 calls trading, 2.0x expected, and implied vol increasing over 3 points to 95.82%. Jul-24 80 calls and 7/12 weekly 78 calls are the most active options, with total volume in those strikes near 5,100 contracts. The Put/Call Ratio is 0.41. Earnings are expected on August 6th.

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