Bath & Body Works (BBWI) shares are coiling in a tight bull flag in monthly value area and right along its 200 day EMA support at 36.25 as it now triggers a bullish MACD cross. BBWI has room to rally up to 40 short term with the 41 level representing one year value high and does not report until later in February. BBWI also may be a play on Valentines Day as gift buying with its products is often a demand boost into the holiday. BBWI saw large opening sales of 17,000 Feb 28^th $31 low delta puts at $0.35 and still has 1200 May $45 calls in OI.