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Weight Watchers call volume above normal and directionally bullish

Bullish option flow detected in Weight Watchers with 5,445 calls trading, 1.8x expected, and implied vol increasing over 2 points to 105.81%. Jan-24 7.5 calls and 1/5 weekly 8 calls are the most active options, with total volume in those strikes near 4,100 contracts. The Put/Call Ratio is 0.07. Earnings are expected on March 7th.

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