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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 4,542 calls trading, 1.5x expected, and implied vol increasing almost 3 points to 61.50%. 11/1 weekly 115 calls and 11/1 weekly 95 puts are the most active options, with total volume in those strikes near 990 contracts. The Put/Call Ratio is 0.62. Earnings are expected on November 6th.

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