Moderately bullish activity in Reddit Inc (RDDT), with shares down $11.18 near $259.54. Options volume more than double the daily average with 112k contracts traded and calls leading puts for a put/call ratio of 0.37, compared to a typical level near 0.73. Implied volatility (IV30) is higher by 0.4 points near 69.16,and below the 52wk median, suggesting an expected daily move of $11.31. Put-call skew flattened, suggesting a modestly bullish tone.
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