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Beyond Meat call volume above normal and directionally bullish

Bullish option flow detected in Beyond Meat with 41,858 calls trading, 4x expected, and implied vol increasing almost 15 points to 136.24%. Feb-23 20 calls and 2/3 weekly 20 calls are the most active options, with total volume in those strikes near 7,900 contracts. The Put/Call Ratio is 0.26. Earnings are expected on February 23rd.

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Published first on TheFly

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