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 1,991 calls trading, 1.6x expected, and implied vol increasing over 1 point to 66.21%. Feb-24 230 calls and 1/26 weekly 157.5 puts are the most active options, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 0.54. Earnings are expected on February 6th.

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