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Snap Inc. call volume above normal and directionally bullish

Bullish option flow detected in Snap (SNAP) Inc. with 39,283 calls trading, 1.2x expected, and implied vol increasing over 2 points to 76.18%. May-25 13 calls and 3/28 weekly 10 puts are the most active options, with total volume in those strikes near 26,400 contracts. The Put/Call Ratio is 0.28. Earnings are expected on April 24th.

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