Moderately bullish activity in Reddit Inc (RDDT), with shares down 84c near $143.11. Options volume relatively light with 19k contracts traded and calls leading puts for a put/call ratio of 0.4, compared to a typical level near 0.49. Implied volatility (IV30) is higher by 3.5 points near 69.68,and below the 52wk median, suggesting an expected daily move of $6.28. Put-call skew flattened, suggesting a modestly bullish tone.
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