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Victoria’s Secret call volume above normal and directionally bullish

Bullish option flow detected in Victoria’s Secret (VSCO) with 6,571 calls trading, 2x expected, and implied vol increasing over 3 points to 69.37%. Aug-25 23 calls and Aug-25 20 calls are the most active options, with total volume in those strikes near 6,000 contracts. The Put/Call Ratio is 0.20. Earnings are expected on August 27th.

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