Bullish option flow detected in Bath & Body Works with 4,481 calls trading, 4x expected, and implied vol increasing almost 2 points to 38.19%. Jul-23 40 calls and Jul-23 37.5 puts are the most active options, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 0.54. Earnings are expected on August 16th.
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Published first on TheFly
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