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Beyond Meat call volume above normal and directionally bullish

Bullish option flow detected in Beyond Meat with 18,108 calls trading, 1.6x expected, and implied vol increasing almost 7 points to 101.20%. 1/27 weekly 18 calls and Feb-23 20 calls are the most active options, with total volume in those strikes near 3,500 contracts. The Put/Call Ratio is 0.61. Earnings are expected on February 23rd.

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Published first on TheFly

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