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Weight Watchers call volume above normal and directionally bullish

Weight Watchers call volume above normal and directionally bullish

Bullish option flow detected in Weight Watchers with 8,824 calls trading, 1.0x expected, and implied vol increasing almost 2 points to 91.56%. 11/10 weekly 7.5 calls and Nov-23 7.5 calls are the most active options, with total volume in those strikes near 6,700 contracts. The Put/Call Ratio is 0.25. Earnings are expected on March 7th.

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