Bullish option flow detected in Reddit Inc with 8,240 calls trading, 3x expected, and implied vol increasing over 2 points to 63.09%. 5/10 weekly 50 calls and Jul-24 65 calls are the most active options, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 0.32. Earnings are expected on August 6th.
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