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Urban Outfitters call volume above normal and directionally bullish

Bullish option flow detected in Urban Outfitters with 5,560 calls trading, 6x expected, and implied vol increasing over 2 points to 35.90%. 9/6 weekly 36 calls and Sep-24 37 calls are the most active options, with total volume in those strikes near 5,000 contracts. The Put/Call Ratio is 0.11. Earnings are expected on November 19th.

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