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Victoria’s Secret call volume above normal and directionally bullish

Bullish option flow detected in Victoria’s Secret with 3,597 calls trading, 2x expected, and implied vol increasing almost 2 points to 56.71%. Jan-24 27 calls and Jan-24 27 puts are the most active options, with total volume in those strikes near 3,400 contracts. The Put/Call Ratio is 0.08. Earnings are expected on March 6th.

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