Bullish option flow detected in Papa John’s with 5,155 calls trading, 1.8x expected, and implied vol increasing over 2 points to 42.19%. Jun-24 50 calls and Jun-24 47.5 puts are the most active options, with total volume in those strikes near 3,200 contracts. The Put/Call Ratio is 0.29. Earnings are expected on August 8th.
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