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Childrens Place call volume above normal and directionally bullish

Bullish option flow detected in Childrens Place with 2,545 calls trading, 1.7x expected, and implied vol increasing almost 2 points to 124.84%. Sep-24 10 calls and Jun-24 8.5 calls are the most active options, with total volume in those strikes near 950 contracts. The Put/Call Ratio is 0.33. Earnings are expected on August 15th.

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