Bullish option flow detected in HanesBrands with 5,673 calls trading, 2x expected, and implied vol increasing over 9 points to 62.36%. 4/6 weekly 5 calls and Jul-23 6 calls are the most active options, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 0.04. Earnings are expected on May 4th.
Published first on TheFly
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