Moderately bullish activity in Snap Inc. (SNAP), with shares up 14c, or 1.54%, near $8.93. Options volume more than double the daily average with 146k contracts traded and calls leading puts for a put/call ratio of 0.12, compared to a typical level near 0.31. Implied volatility (IV30) is higher by 2.2 points near 71.1,and above the 52wk median, suggesting an expected daily move of $0.40. Put-call skew flattened, suggesting a modestly bullish tone.
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