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ServiceNow call volume above normal and directionally bullish

ServiceNow call volume above normal and directionally bullish

Bullish option flow detected in ServiceNow with 7,197 calls trading, 2x expected, and implied vol increasing almost 4 points to 29.37%. 9/6 weekly 900 calls and Nov-24 740 calls are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.60. Earnings are expected on October 23rd.

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