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ServiceNow call volume above normal and directionally bullish

Bullish option flow detected in ServiceNow with 7,197 calls trading, 2x expected, and implied vol increasing almost 4 points to 29.37%. 9/6 weekly 900 calls and Nov-24 740 calls are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.60. Earnings are expected on October 23rd.

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