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Snap Inc. call volume above normal and directionally bullish

Snap Inc. call volume above normal and directionally bullish

Bullish option flow detected in Snap (SNAP) Inc. with 74,255 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 51.59%. 11/22 weekly 11 calls and 12/6 weekly 11.5 calls are the most active options, with total volume in those strikes near 14,300 contracts. The Put/Call Ratio is 0.23. Earnings are expected on February 4th.

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