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Estee Lauder call volume above normal and directionally bullish

Estee Lauder call volume above normal and directionally bullish

Bullish option flow detected in Estee Lauder (EL) with 8,620 calls trading, 1.6x expected, and implied vol increasing over 2 points to 56.81%. Mar-25 95 calls and Sep-25 70 puts are the most active options, with total volume in those strikes near 3,800 contracts. The Put/Call Ratio is 0.63. Earnings are expected on October 31st.

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