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Weight Watchers call volume above normal and directionally bullish
The Fly

Weight Watchers call volume above normal and directionally bullish

Bullish option flow detected in Weight Watchers with 3,556 calls trading, 1.0x expected, and implied vol increasing almost 9 points to 116.25%. Jan-24 5 calls and 10/13 weekly 12.5 calls are the most active options, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 0.19. Earnings are expected on November 2nd.

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