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Weight Watchers call volume above normal and directionally bullish

Bullish option flow detected in Weight Watchers with 9,332 calls trading, 1.6x expected, and implied vol increasing almost 2 points to 96.57%. Jan-24 12.5 calls and 9/22 weekly 10 calls are the most active options, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 0.24. Earnings are expected on November 2nd.

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