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Victoria’s Secret call volume above normal and directionally bullish

Bullish option flow detected in Victoria’s Secret with 7,397 calls trading, 6x expected, and implied vol increasing almost 3 points to 51.29%. Jun-24 26 calls and Jun-24 21 calls are the most active options, with total volume in those strikes near 4,100 contracts. The Put/Call Ratio is 0.37. Earnings are expected on August 28th.

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