Bullish option flow detected in Victoria’s Secret with 1,666 calls trading, 2x expected, and implied vol increasing over 3 points to 51.36%. May-23 35 calls and Apr-23 30 calls are the most active options, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 0.12. Earnings are expected on May 30th.
Published first on TheFly
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