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Foot Locker call volume above normal and directionally bullish

Bullish option flow detected in Foot Locker with 8,668 calls trading, 2x expected, and implied vol increasing over 1 point to 42.11%. 3/31 weekly 40 calls and 4/6 weekly 40.5 calls are the most active options, with total volume in those strikes near 5,600 contracts. The Put/Call Ratio is 0.50. Earnings are expected on May 19th.

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Published first on TheFly

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