Bullish option flow detected in Childrens Place with 3,674 calls trading, 4x expected, and implied vol increasing over 12 points to 162.31%. Apr-24 6 puts and 5/10 weekly 10 calls are the most active options, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 0.66. Earnings are expected on April 9th.
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Read More on PLCE:
- Childrens Place call volume above normal and directionally bullish
- Children’s Place Secures Financing and Revamps Leadership
- Children’s Place (NASDAQ:PLCE) Rises on $48.6M Funding from Majority Shareholder
- Children’s Place receives $48.5M second tranche of financing
- The Children’s Place Announces Receipt of the $48.6 Million Second Tranche of the Previously Announced Interest-Free Unsecured Financing Provided by Mithaq Capital
