BP call volume above normal and directionally bullish

Bullish option flow detected in BP with 7,780 calls trading, 1.8x expected, and implied vol increasing over 1 point to 21.90%. Sep-24 32 calls and 9/6 weekly 33 calls are the most active options, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 0.30. Earnings are expected on October 29th.