Bullish option flow detected in Mattel with 10,961 calls trading, 2x expected, and implied vol increasing over 4 points to 52.08%. Aug-23 21 puts and Jul-23 21 calls are the most active options, with total volume in those strikes near 7,400 contracts. The Put/Call Ratio is 0.58. Earnings are expected on July 26th.
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- Mattel call volume above normal and directionally bullish