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Chewy call volume above normal and directionally bullish

Bullish option flow detected in Chewy (CHWY) with 14,111 calls trading, 1.0x expected, and implied vol increasing over 2 points to 54.82%. Apr-25 27.5 calls and 11/8 weekly 27.5 calls are the most active options, with total volume in those strikes near 5,300 contracts. The Put/Call Ratio is 0.16. Earnings are expected on December 4th.

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