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Victoria’s Secret call volume above normal and directionally bullish

Bullish option flow detected in Victoria’s Secret with 3,782 calls trading, 1.7x expected, and implied vol increasing over 1 point to 59.67%. Oct-24 25 calls and Dec-24 15 puts are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.62. Earnings are expected on November 27th.

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