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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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