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Snap Inc. call volume above normal and directionally bullish

Bullish option flow detected in Snap (SNAP) Inc. with 95,306 calls trading, 3x expected, and implied vol increasing over 1 point to 91.85%. 8/1 weekly 10.5 calls and 7/25 weekly 10.5 calls are the most active options, with total volume in those strikes near 55,700 contracts. The Put/Call Ratio is 0.07. Earnings are expected on August 5th.

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