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Snap Inc. call volume above normal and directionally bullish

Bullish option flow detected in Snap (SNAP) Inc. with 51,338 calls trading, 1.4x expected, and implied vol increasing almost 3 points to 62.14%. Jun-26 13 calls and 6/27 weekly 8.5 calls are the most active options, with total volume in those strikes near 15,600 contracts. The Put/Call Ratio is 0.23. Earnings are expected on July 31st.

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