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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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