High-rolling investors have positioned themselves bullish on e.l.f. Beauty (NYSE:ELF), and it's important for retail traders to take note.\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in ELF often signals that someone has privileged information.

Today, Benzinga's options scanner spotted 8 options trades for e.l.f. Beauty. This is not a typical pattern.

The sentiment among these major traders is split, with 62% bullish and 25% bearish. Among all the options we identified, there was...