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E.l.f. Beauty call volume above normal and directionally bullish

Bullish option flow detected in E.l.f. Beauty with 1,991 calls trading, 1.6x expected, and implied vol increasing over 1 point to 66.21%. Feb-24 230 calls and 1/26 weekly 157.5 puts are the most active options, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 0.54. Earnings are expected on February 6th.

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