Clorox call volume above normal and directionally bullish
THE FLY 11:25 AM ET 5/24/2022
Bullish option flow detected in Clorox with 27,519 calls trading, 10x expected, and implied vol increasing over 1 point to 31.19%. 5/27 weekly 146 calls and 5/27 weekly 147 calls are the most active options, with total volume in those strikes near 23,000 contracts. The Put/Call Ratio is 0.03. Earnings are expected on August 3rd.