Moderately bullish activity in Reddit Inc (RDDT), with shares down 80c near $147.44. Options volume roughly in line with average with 21k contracts traded and calls leading puts for a put/call ratio of 0.64, compared to a typical level near 0.48. Implied volatility (IV30) is higher by 1.1 points near 84.76,and above the 52wk median, suggesting an expected daily move of $7.87. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Reddit Inc (RDDT) will report earnings after the close on 2025-07-31.Option markets are pricing in a 50% probability of a move greater than 14.53% or $21.43.
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