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Weight Watchers call volume above normal and directionally bullish

Bullish option flow detected in Weight Watchers with 5,665 calls trading, 1.3x expected, and implied vol increasing over 2 points to 86.01%. 9/22 weekly 12 calls and Oct-23 10 puts are the most active options, with total volume in those strikes near 4,200 contracts. The Put/Call Ratio is 0.28. Earnings are expected on November 2nd.

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