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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 4,066 calls trading, 1.1x expected, and implied vol increasing almost 2 points to 61.52%. Mar-26 85 calls and 2/13 weekly 80 calls are the most active options, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 0.23. Earnings are expected on May 27th.

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