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Snap Inc. call volume above normal and directionally bullish

Bullish option flow detected in Snap (SNAP) Inc. with 44,244 calls trading, 1.9x expected, and implied vol increasing over 1 point to 107.00%. May-25 11 calls and 4/25 weekly 8 calls are the most active options, with total volume in those strikes near 23,800 contracts. The Put/Call Ratio is 0.14. Earnings are expected on April 29th.

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