Option traders looking for 7% move for Levi Strauss post earnings today. Shares down -0.195 or -1.45%, near $13.23 at mid-session with earnings due after the close and near term options trading near 62% implied vol, suggesting traders expect shares to move about 92c on the news, which is very close to the average reaction over the past two years. Ahead of the releasee LEVI options volume is on track for 10k contracts, or 9x normal, with calls leading puts 3:2.
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