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Confluent call volume above normal and directionally bullish

Bullish option flow detected in Confluent with 4,324 calls trading, 1.7x expected, and implied vol increasing over 2 points to 46.01%. Jun-24 28 calls and Jun-24 26 calls are the most active options, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 0.23. Earnings are expected on July 31st.

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