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Herbalife call volume above normal and directionally bullish

Bullish option flow detected in Herbalife with 2,009 calls trading, 1.4x expected, and implied vol increasing over 2 points to 91.94%. 11/3 weekly 22 calls and Mar-24 5 puts are the most active options, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 0.44. Earnings are expected on November 1st.

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