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Childrens Place call volume above normal and directionally bullish

Bullish option flow detected in Childrens Place with 2,977 calls trading, 1.1x expected, and implied vol increasing almost 18 points to 152.80%. 6/14 weekly 12 calls and 6/7 weekly 10 calls are the most active options, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 0.37. Earnings are expected on June 6th.

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