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Snap Inc. call volume above normal and directionally bullish

Bullish option flow detected in Snap (SNAP) Inc. with 46,400 calls trading, 1.1x expected, and implied vol increasing almost 8 points to 62.59%. Jan-27 10 calls and Jan-26 7 puts are the most active options, with total volume in those strikes near 10,600 contracts. The Put/Call Ratio is 0.41. Earnings are expected on February 3rd.

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