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Lululemon call volume above normal and directionally bullish

Bullish option flow detected in Lululemon (LULU) with 24,371 calls trading, 3x expected, and implied vol increasing almost 2 points to 41.76%. 10/31 weekly 190 calls and 10/31 weekly 200 calls are the most active options, with total volume in those strikes near 5,600 contracts. The Put/Call Ratio is 0.21. Earnings are expected on December 11th.

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