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E.l.f. Beauty call volume above normal and directionally bullish
The Fly

E.l.f. Beauty call volume above normal and directionally bullish

Bullish option flow detected in E.l.f. Beauty with 4,751 calls trading, 1.1x expected, and implied vol increasing almost 2 points to 58.46%. 8/30 weekly 160 calls and Mar-25 220 calls are the most active options, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 0.27. Earnings are expected on November 6th.

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