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Victoria’s Secret call volume above normal and directionally bullish

Bullish option flow detected in Victoria’s Secret (VSCO) with 4,006 calls trading, 1.3x expected, and implied vol increasing almost 2 points to 72.78%. Aug-25 20 calls and Sep-25 18 calls are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.03. Earnings are expected on August 27th.

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