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Reddit Inc call volume above normal and directionally bullish

Reddit Inc call volume above normal and directionally bullish

Bullish option flow detected in Reddit (RDDT) Inc with 12,367 calls trading, 1.3x expected, and implied vol increasing over 1 point to 62.36%. 12/6 weekly 160 calls and 12/6 weekly 150 calls are the most active options, with total volume in those strikes near 4,800 contracts. The Put/Call Ratio is 0.24. Earnings are expected on February 4th.

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