Bullish option flow detected in E.l.f. Beauty with 9,222 calls trading, 1.7x expected, and implied vol increasing over 3 points to 67.15%. 3/28 weekly 66 calls and 4/4 weekly 60 puts are the most active options, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 0.55. Earnings are expected on May 21st.
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