Snowflake call volume above normal and directionally bullish

Bullish option flow detected in Snowflake with 49,789 calls trading, 4x expected, and implied vol increasing over 1 point to 52.29%. 6/30 weekly 200 calls and 6/30 weekly 190 calls are the most active options, with total volume in those strikes near 15,800 contracts. The Put/Call Ratio is 0.37. Earnings are expected on August 23rd.