Bullish option flow detected in E.l.f. Beauty with 4,652 calls trading, 1.2x expected, and implied vol increasing over 1 point to 51.48%. 11/24 weekly 120 calls and 11/24 weekly 111 puts are the most active options, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 0.40. Earnings are expected on January 31st.
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