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Weight Watchers call volume above normal and directionally bullish

Bullish option flow detected in Weight Watchers with 8,824 calls trading, 1.0x expected, and implied vol increasing almost 2 points to 91.56%. 11/10 weekly 7.5 calls and Nov-23 7.5 calls are the most active options, with total volume in those strikes near 6,700 contracts. The Put/Call Ratio is 0.25. Earnings are expected on March 7th.

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