Bullish option flow detected in Bath & Body Works with 2,013 calls trading, 2x expected, and implied vol increasing over 1 point to 43.45%. May-23 37.5 calls and May-23 37.5 puts are the most active options, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 0.28. Earnings are expected on May 17th.
Published first on TheFly
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