Bullish option flow detected in Papa John’s with 8,385 calls trading, 3x expected, and implied vol increasing over 3 points to 40.26%. Jul-24 52.5 calls and Jul-24 47.5 puts are the most active options, with total volume in those strikes near 7,600 contracts. The Put/Call Ratio is 0.24. Earnings are expected on August 8th.
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