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Beyond Meat call volume above normal and directionally bullish

Bullish option flow detected in Beyond Meat with 19,994 calls trading, 3x expected, and implied vol increasing over 5 points to 114.97%. Jun-23 14 calls and Jul-23 12 calls are the most active options, with total volume in those strikes near 3,400 contracts. The Put/Call Ratio is 0.17. Earnings are expected on August 3rd.

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Published first on TheFly

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