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Splunk call volume above normal and directionally bullish
The Fly

Splunk call volume above normal and directionally bullish

Bullish option flow detected in Splunk with 3,638 calls trading, 1.9x expected, and implied vol increasing over 1 point to 8.67%. Dec-23 155 calls and 11/10 weekly 148 calls are the most active options, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 0.17. Earnings are expected on November 28th.

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