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Weight Watchers call volume above normal and directionally bullish

Bullish option flow detected in Weight Watchers with 3,556 calls trading, 1.0x expected, and implied vol increasing almost 9 points to 116.25%. Jan-24 5 calls and 10/13 weekly 12.5 calls are the most active options, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 0.19. Earnings are expected on November 2nd.

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