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Urban Outfitters call volume above normal and directionally bullish

Urban Outfitters call volume above normal and directionally bullish

Bullish option flow detected in Urban Outfitters with 8,538 calls trading, 5x expected, and implied vol increasing almost 4 points to 37.95%. 9/6 weekly 37 calls and 9/6 weekly 36 calls are the most active options, with total volume in those strikes near 6,100 contracts. The Put/Call Ratio is 0.06. Earnings are expected on November 19th.

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