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Splunk call volume above normal and directionally bullish

Splunk call volume above normal and directionally bullish

Bullish option flow detected in Splunk with 1,554 calls trading, 1.1x expected, and implied vol increasing over 1 point to 10.28%. Dec-23 155 calls and Nov-23 150 calls are the most active options, with total volume in those strikes near 680 contracts. The Put/Call Ratio is 0.08. Earnings are expected on November 28th.

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