Bullish option flow detected in Estee Lauder (EL) with 4,643 calls trading, 1.2x expected, and implied vol increasing over 2 points to 64.41%. Jan-25 75 calls and Jan-26 65 puts are the most active options, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 0.36. Earnings are expected on February 4th.
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