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Designer Brands call volume above normal and directionally bullish
The Fly

Designer Brands call volume above normal and directionally bullish

Bullish option flow detected in Designer Brands with 3,938 calls trading, 8x expected, and implied vol increasing over 2 points to 49.75%. Jan-24 10 calls and Nov-23 14 calls are the most active options, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 0.03. Earnings are expected on December 7th.

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