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Estee Lauder call volume above normal and directionally bullish

Bullish option flow detected in Estee Lauder with 3,742 calls trading, 2x expected, and implied vol increasing almost 2 points to 53.00%. May-24 140 calls and Apr-24 140 calls are the most active options, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 0.28. Earnings are expected on May 1st.

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