Bullish flow in Snap Inc. (SNAP), with shares up 14c, or 1.71%, near $8.02. Options volume relatively light with 43k contracts traded and calls leading puts for a put/call ratio of 0.29, compared to a typical level near 0.32. Implied volatility (IV30) is higher by 6.5 points near 47.0,in the bottom quartile of the past year, suggesting an expected daily move of $0.24. Put-call skew flattened, suggesting a modestly bullish tone.
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