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Childrens Place call volume above normal and directionally bullish

Bullish option flow detected in Childrens Place with 2,672 calls trading, 2x expected, and implied vol increasing over 11 points to 144.10%. May-24 8.5 calls and May-24 8 puts are the most active options, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 0.21. Earnings are expected on May 3rd.

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